Moody's: Bank of Korea Expected to Hold Rates Steady
Deep News
Nov 24
Moody's Analytics forecasts that the Bank of Korea will likely keep its policy rate unchanged at 2.5% on Thursday. The agency cited concerns over household debt levels, elevated housing prices, recent inflationary pressures, a weaker won, and stronger-than-expected GDP growth as factors prompting the central bank to remain cautious about easing monetary policy.
Moody's also anticipates that industrial production data due on Friday will remain under pressure amid lingering global trade uncertainties and tariff risks. Meanwhile, retail sales figures released the same day may show slight improvement as domestic demand recovers.
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