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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.
EXECUTIVE SUMMARY
- The Bank of Korea (BoK) will likely lift its policy rate by 25bp at its upcoming meeting, although the view among sell-side economists is not unanimous, with 13 of the 18 surveyed by Bloomberg looking for a hike this time around.
- The case for the continued adjustment of the degree of monetary accommodation remains clear, it is more a question of timing and how much tightening is required.
- A reminder that the BoK hiked rates by 25bp in November, while the next 25bp hike will take the Bank’s policy rate back to pre-COVID levels.
- Click to view full preview:
Fig. 1: South Korea CPI & Core CPI (Y/Y)
Source: MNI - Market News/Bloomberg
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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.
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