SEOUL – The Bank of Korea’s rate rise yesterday – its ninth since last August – combined with downgrades to growth forecasts for 2022 are setting the stage for a grim year-end. The central bank lifted the benchmark seven-day repo rate from 3% to 3.25% in a bid to contain inflation that is putting a […]
Tag: Bank of Korea
Posted inOpinion
Asia faces economic headwinds
Posted inAT+