Free Trial

MNI BoK Preview - Feb 2024: On Hold, No Rush To Easing Bias

  • The strong consensus for tomorrow’s BOK meeting is no change in rates. All of the economists surveyed by Bloomberg look for the policy rate to remain at 3.50%. This is also our firm bias.
  • Whilst inflation has continued to track lower since the last policy meeting, the BoK is likely to want more time to assess the likelihood of a return to the 2% target.
  • Growth dynamics have improved, particularly in terms of survey measures, which also argues for not rushing towards a dovish pivot.
  • Full preview here:

To read the full story



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.