Bank of Korea's Governor Emphasizes Flexible Monetary Easing Amid Economic Uncertainty - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
CDC Vaccine Panel Votes to Limit Hepatitis B Vaccination for Newborns
user-iconViola Heart
side-post-image
Ukrainian Diver Sofiia Lyskun Stripped of Titles After Switching Allegiance to Russia
user-iconSam Striker
Contact Phone:
Economy

Bank of Korea's Governor Emphasizes Flexible Monetary Easing Amid Economic Uncertainty

share-iconPublished: Thursday, January 02 share-iconUpdated: Thursday, January 02 comment-icon11 months ago
News sources:
REUTERS
Bank of Korea's Governor Emphasizes Flexible Monetary Easing Amid Economic Uncertainty

Credited from: REUTERS

  • Bank of Korea's Governor Rhee Chang-yong stated that monetary policy adjustments need to be flexible this year.
  • He highlighted the difficult conditions surrounding the South Korean economy, intensified by political and economic uncertainties.
  • The pace of interest rate cuts is expected to vary, considering trade-offs related to growth, inflation, and debt.
  • Rhee noted that there are increased downside risks to the bank's growth forecast of 1.9% for the year.
  • He also mentioned ongoing volatility in the South Korean won following its significant depreciation in 2024.

For more details, visit the original article here.

Gallery

SHARE THIS ARTICLE:

TAGS:

Bank of korea Monetary policy Interest rates Economic uncertainty South korea
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 02, 2025 Delhi businessman dies by suicide after detailing harassment in video
date-iconJanuary 02, 2025 Arizona State-Texas Peach Bowl Highlights College Football Playoff's Bright Future
nav-post-picture
Related Posts
main-post-image
POLITICS
South Korea Commemorates First Anniversary of Martial Law Crisis Amid Calls for Justice
date-iconDec 04, 2025
main-post-image
POLITICS
Bribery trial of Unification Church leader Han Hak-ja begins in South Korea
date-iconDec 01, 2025
main-post-image
WORLD NEWS
South Korean ferry runs aground after helmsman distracted by mobile phone
date-iconNov 20, 2025
main-post-image
SPORTS
South Korean ferry with 267 on board runs aground, crews arrested for negligence
date-iconNov 20, 2025
main-post-image
ECONOMY
Hyundai and Samsung Announce Significant Domestic Investments Following U.S. Trade Agreement
date-iconNov 16, 2025
main-post-image
WORLD NEWS
Trump Calls for Permanent Pause on Migration from Poorer Countries Following Shooting Incident
date-iconNov 28, 2025

Stay Connected

main-post-image
Crime
Luigi Mangione challenges key evidence in trial for the murder of UnitedHealthcare CEO
date-icon December 02, 2025
main-post-image
World News
Trump Administration Launches Immigration Crackdown in New Orleans
date-icon December 04, 2025
main-post-image
Technology
Oxford University Press Names 'Rage Bait' as 2025 Word of the Year
date-icon December 02, 2025
main-post-image
Sports
Doctor Salvador Plasencia sentenced for supplying ketamine to Matthew Perry
date-icon December 04, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
CDC Vaccine Panel Votes to Limit Hepatitis B Vaccination for Newborns
user-iconViola Heart
side-post-image
Ukrainian Diver Sofiia Lyskun Stripped of Titles After Switching Allegiance to Russia
user-iconSam Striker
© 2025 All rights reserved | PRESS AI WORLD