South Korea central bank committee member: Economic growth and financial stability are key factors in interest rate decision-making.
On September 12, Huang Kunri, a member of the Monetary Policy Committee of the Bank of Korea, stated that economic growth and financial stability are key factors considered by the committee when deciding on the timing and pace of interest rate cuts. Huang Kunri stated in the quarterly policy report released on Thursday, 'We should consider the impact of interest rate cuts on growth and financial stability simultaneously.'
South Korean Banks' Household Lending Rises in August, Driven by Housing Demand
South Korea's Jobless Rate Drops to Record Low in August
South Korea's Unemployment Rate Declines to Record Low in August
South Korean Shares Incurr Losses for Sixth Straight Day as Investors Eye US Fed Rate Decision
South Korea's Industrial Lending Growth Slows in Q2
South Korea's Current Account Surplus Contracts in July
South Korea's GDP Grows 2.3% in Q2 in Line With Bank of Korea's Advance Estimate
Foreign investors bought 1 billion US dollars of South Korean bonds within one day, what does this signal?
According to data from the Financial Supervisory Service of South Korea, foreign funds flowing into South Korean bonds surged on Tuesday, with a net inflow of over $1 billion, the highest level since November last year.
South Korean Shares Plunge on Overnight Wall Street Losses; Samsung Loses 3%, SK Hynix 8%
South Korea's Official Foreign Reserves Increase in August
ING Bank: The easing inflation in South Korea may prompt the South Korean central bank to cut interest rates in October.
In a report, ING Groep stated that South Korea's overall inflation rate in August dropped significantly from 2.6% in July to 2.0%, which may lead to a policy rate cut by the Bank of Korea in October. ING Groep pointed out, 'With inflation moving towards the target range of the Bank of Korea, the likelihood of a rate cut in October has increased.'
South Korea's Easing Inflation Could Let BOK Cut Rate in Oct -- Market Talk
Inflation has finally reached the target level! Expectations for a rate cut by the South Korean central bank in October have strengthened.
South Korea's inflation rate has declined faster than expected, reaching 2%. The South Korean central bank may shift its focus to housing prices as it considers a shift towards lowering interest rates.
South Korea's Inflation Rises for Second Straight Month in August, Hits Bank of Korea's 2% Target
South Korea's Inflation Slows to 41-Month Low -- WSJ
South Korea's Tax Revenue Declines in January-July Period
South Korea's forex stabilization fund will be reduced by over 30% by 2025. South Korean authorities: It is still sufficient to defend the Korean won.
South Korea's forex stabilization fund will be reduced by over 30% next year, setting a new record, but the South Korean government stated that the reduced forex stabilization fund will still be sufficient to defend the South Korean won.
South Korea Reports Trade Surplus for 15th Straight Month in August
South Korea's manufacturing PMI rose to 51.9 in August.
Although overseas demand has slowed down, South Korea's factory activity accelerated in August, with output expanding at the fastest pace in over 3 years. The August Manufacturing Purchasing Managers' Index (PMI) for South Korea, compiled by S&P Global, was seasonally adjusted to 51.9, higher than July's 51.4, marking the fourth consecutive month above the 50 boom-bust threshold.