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Futures Lower, BoK Sees Growth & Inflation Above Forecasts


Futures lower on the session, down 9 ticks at 126.80 but around 13 ticks off worst levels. The BoK kept rates on hold at 0.50% as expected, and said it saw inflation and growth to be above forecasts, again as expected. The bank noted it would keep an accommodative stance and that economic uncertainties are high, referring to the resurgence in COVID-19 cases and political uncertainty.

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