BOK: Growth forecast to be in line with October prediction, CPI likely to move higher

Dhwani Mehta FXStreet

Reuters is out with the key headlines from the Bank of Korea’s (BOK), South Korean central bank, monetary policy report. Last hour, the BOK raised the key interest rate to 1.75% from 1.50%.

Growth forecast to be in line with the October prediction economy to grow broadly in line with the potential rate.

CPI likely to move around mid- to upper-1% range ahead.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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