© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
JGB TECHS

(U2) Solid Bounce Into the Close

USDCAD TECHS

Bullish Price Structure

AUDUSD TECHS

Clears Key Support

EURJPY TECHS

Retracement Mode

COMMODITIES

Oil Supply Constraints Trump Lower Demand

USDJPY TECHS

Pullback Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

Forecast Changes Hike Inflation Outlook, Cuts Growth Projections

BOK
EM Bulletmarkets-real-timeEmerging MarketsBulletMarketsFixed IncomeForeign Exchange

The BoK forecast changes hiked the inflation outlook for 2022 and 2023 and cut the growth projections. These were largely in line with expectations.

  • In terms of inflation:
  • *BANK OF KOREA RAISES 2022 CPI FORECAST TO 4.5% FROM 3.1% - BBG
  • *BOK REVISES 2023 CPI TO 2.9% VS. FEBRUARY FORECAST OF 2%
  • In terms of growth:
  • *BOK CUTS 2022 GROWTH FORECAST TO 2.7% VS 3% PROJECTION IN FEB.
  • *BOK: 2023 GDP GROWTH SEEN AT 2.4% VS 2.5% PROJECTION IN FEB.
    • 77 words

    To read the full story

    Why Subscribe to

    MarketNews.com

    MNI is the leading provider

    of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

    Our credibility

    for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

    The BoK forecast changes hiked the inflation outlook for 2022 and 2023 and cut the growth projections. These were largely in line with expectations.

  • In terms of inflation:
  • *BANK OF KOREA RAISES 2022 CPI FORECAST TO 4.5% FROM 3.1% - BBG
  • *BOK REVISES 2023 CPI TO 2.9% VS. FEBRUARY FORECAST OF 2%
  • In terms of growth:
  • *BOK CUTS 2022 GROWTH FORECAST TO 2.7% VS 3% PROJECTION IN FEB.
  • *BOK: 2023 GDP GROWTH SEEN AT 2.4% VS 2.5% PROJECTION IN FEB.