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BoK Decision Scheduled for Thursday

KOREA
  • The BoK is expected to leave rates on hold at 3.50% next week. Focus is likely to rest with whether the BOK turns more dovish and lays the foundations for a rate cut.
  • Calls onshore from local politicians for easier policy have grown, while this week’s inflation data showed a downside surprise in terms of the headline result
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  • The BoK is expected to leave rates on hold at 3.50% next week. Focus is likely to rest with whether the BOK turns more dovish and lays the foundations for a rate cut.
  • Calls onshore from local politicians for easier policy have grown, while this week’s inflation data showed a downside surprise in terms of the headline result