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South Korea's central bank signals flexible monetary policy due to rising uncertainties.
South Korea's central bank governor, Rhee Chang-yong, says monetary policy easing this year will be flexible due to increased political and economic uncertainty.
The Bank of Korea delivered back-to-back rate cuts in 2024 due to concerns over U.S. trade policy.
The downside risks to the BOK's 1.9% economic growth forecast for 2025 have risen, and the volatility of the South Korean won may persist.
4 months ago
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