May 23, 2024 00:55 GMT
Unchanged As Expected
BOK
As widely expected the BoK left rates on hold at 3.50%. There was a growth upgrade for the 2024 forecast to 2.5%, from the prior 2.1%. 2025 growth was revised down to 2.1% from 2.3% projected in Feb.
- Inflation forecasts were unchanged. 2024 inflation is projected at 2.6%, 2025 at 2.1%.
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