OctaFX | OctaFX Forex Broker
Open trading account

Bank of Korea: Rate pause to continue – ANZ

Analysts at ANZ note that the Bank of Korea (BoK) unsurprisingly kept its policy rate unchanged at 1.25% today.

Key Quotes

“The decision was not unanimous though, with two dissenters calling for a rate cut.”

“Nonetheless, the policy messaging suggests growth concerns have eased slightly, while financial stability risks have risen somewhat.”

“Overall, we continue to expect the central bank to keep its policy rate on hold through 2020.”

Asian stocks: Mildly bid after China’s top-tier economics

Equities in Asia fail to cheer better than forecast releases of China’s Industrial Production and Retail Sales data.
Read more Previous

RBI to shift its policy stance from accommodative to neutral - ING

Analysts at ING Bank believe that the Reserve Bank of India (RBI) is likely to shift stance from accommodative to neutral in the next policy even thou
Read more Next
Start livechat