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VIEW: ING: Inflation For August Provides Another Excuse To Raise Rates


ING note that "although BoK Governor Lee left markets guessing about the BoK's next steps after the August meeting, he did note that policy was still expansionary following the August hike. With the inflation print, plus the decent Q221 GDP figures, which also received a slight upward revision, the probability that the BoK follows up with a further hike at their October meeting has definitely gained some ground today."

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