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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessBoK Governor Lee's Comments:
BOK'S lee: to maintain accommodative stance for awhile - BBG
- Today's decision was unanimous
- Need to more monitor vaccine rollout, pandemic situation
- Extra budget would raise GDP growth by 0.1-0.2ppts
- Concerned about acceleration of household debt
- Growth may top forecast under optimistic scenario
- Should minimize burden on household with gradual normalization
- Need to adjust extraordinary steps in line with economy
- Should think about side effect from prolonged easing stance
- Preparing for orderly adjustment of policy stance
- Potential rate hike, this year depends on economic recovery
- Current monetary policy is substantially accommodative
- USD/KRW not moving on the comments, which are broadly in-line with expectations. A positive outlook for the economy with a healthy dose of caution around the pandemic. Drops first hints of considering rate hikes down the line, again in line with expectations.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.