Bank of Korea Gov Rhee says disinflation expected to continue

South Korea’s central bank Governor Rhee Chang-yong spoke in a parliamentary session:

• said the Bank will consider
  trade-offs among the recent disinflation trend,
  growth and financial
  stability for future monetary policy
  operations

I’m not sure what ‘trade-offs’ he is referring to.

More:

• disinflation was expected to continue
  after recent
  positive signs
• noted a pick-up in household
  debt growth
• noted also heightened volatility in foreign exchange
  markets

The Bank of
Korea is expected to keep its policy rate on
hold at a 15-year
high of 3.50% on Thursday and through the
third quarter of
2024, before a 25-basis-point cut in the final
quarter.

This article was written by Eamonn Sheridan at www.forexlive.com.