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S Korea Central Bank Senior Deputy Governor: Time to Consider Rate Hike
According to foreign media reports, Bank of Korea Senior Deputy Governor Ryoo Sang-dai said that at the interest rate meeting later this month, forward guidance on monetary policy ...
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According to foreign media reports, Bank of Korea Senior Deputy Governor Ryoo Sang-dai said that at the interest rate meeting later this month, forward guidance on monetary policy will turn more hawkish, as it is now time to consider a rate hike.

Ryoo noted that although the government has recently adopted measures to curb consumer prices, inflationary pressure remains high. Meanwhile, supported by robust chip exports, economic growth is expected to be around 2% this year. (mn/w)

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