U.S. Senate launches 'Korea Caucus' to mark 70th anniv. of alliance
Synopsis by Yonhap News Agency Jun 07 23
SEOUL, June 7 (Yonhap) -- A group of U.S. senators with keen interest in the ...Read full article 
Yonhap News Agency: U.S. Senate launches 'Korea Caucus' to mark 70th anniv. of alliance
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| Last Updated | Jun 07 23 |
| Total Articles | 1 |
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- Lee Seung-heon's remarks challenge analysts' predictions for rate cuts, emphasizing that it is premature to consider easing as headline inflation remains persistent at 3.1% in March, in line with February's rate and above the BOK's 2% target.
- The BOK is expected to delay any signals for rate cuts until at least June to assess the impact of rising global oil prices on inflation pressures and to evaluate domestic consumption trends before considering any monetary policy adjustments.
- Policymakers are cautious amid uncertainties, with one dissenting board member suggesting a possible rate cut in the near future, although the majority view supports maintaining current rates as economic data continues to shape the decision-making process.
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