Bank of Korea to hold rates to ease pressure on battered won: Reuters poll
- The Bank of Korea will maintain its key policy rate at 3.25 per cent to support the Korean won, as predicted by 90% of economists in a Reuters poll.
- Economists forecast at least three rate cuts next year due to current economic pressures affecting the won.
- Concerns over inflation from U.S. Policies and the Russia-Ukraine war have contributed to the won's 2 percent decline this month.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage