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Published 2 years ago

Bank of Korea warns inflation bigger risk than slowing growth

Summary by Ground News
South Korea's central bank continued to tighten policy in the face of soaring inflation. The bank raised its key interest rate by 25 basis points, or one quarter percentage point, to 1.75% on Thursday. South Korea's new central bank governor, Rhee Chang-yong, attends his inauguration ceremony in Seoul on April 21.

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Bank of Korea warns inflation bigger risk than slowing growth

In debut, Gov. Rhee's board raises benchmark quarter point to 1.75%

2 years ago·Japan
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