Free Trial

MNI BoK Preview - Aug'21: Knife's Edge

BOK
  • Out of 19 analysts surveyed by Bloomberg 10 expect no change, 9 expect a 25bps hike
  • Rhetoric has been hawkish but the outlook is clouded by the surge in coronavirus cases
  • The departure of last month's sole dissenter further complicates the outlook
  • Household debt, a key concern for the BoK, hit record levels in Q2
  • Split of the vote will be scrutinised for future path of hikes; one and done, gradual hikes, October meeting live are all options
  • Full preview here

To read the full story

Close

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.