Reuters was first to report that South Korea’s central bank is ready to adjust its pace of policy tightening to achieve a soft landing in real estate and hopes the peak of its target rate in this cycle will be around 3.5%, its governor said at the Reuters NEXT conference on Wednesday.
Economy
Reuters reveals Bank of Korea ready to adjust tightening pace, hopes for peak rate near 3.5%
30 November 2022, 2:41 pm 1 minute
Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Economy & Policy
Regions: Asia
Countries: South Korea
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
