The Bank of Korea (BoK) left interest rates unchanged at 1.75% today. But, while it sounded less upbeat on the economy, we still think the BoK is too optimistic on the outlook for growth. With growth likely to undershoot the Bank’s expectations, we are expecting policy easing in the second half of 2019.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.