Global IBs Predict Rate Hike in S. Korea in 2nd Half

Write : 2018-04-17 19:06:05 Update : 2018-04-17 19:47:49

Global IBs Predict Rate Hike in S. Korea in 2nd Half

Global investment banks are forecasting that South Korea will hike its benchmark interest rate in the second half of this year. 

According to the Korea Center for International Finance, most global investment banks operating in the nation, including Citi, Goldman Sachs, Bank of America(BoA), HSBC and Nomura, expected the Bank of Korea(BOK) to raise the key rate some time between July and December. 

Bank of America said a rate hike in the first half is unlikely due to growing uneasiness over global trade conflicts, pointing to the BOK’s earlier prediction that the South Korean economy’s dependence on trade will deepen compared to last year. 

The BOK maintained the key rate at one-point-five percent last Thursday. 

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
Internet Radio On-Air Window to KBS WORLD Radio Window to KOREA
2018 Inter-Korean Summit
North Korea Inside
청취자 만족도 조사 결과 -E
Let's Learn Korean (Mobile)
More Service
  • Podcasts
  • You can download KBS World Radio News in eleven languages through Podcast KBS Radio Tune


4 / 4