Bank of Korea Expected to Pivot as Property Market Cools --[Reported by Umva mag]

The Bank of Korea is widely expected to cut its benchmark interest rate on signs housing markets are cooling and after inflation eased below its target, joining an increasing number of global peers in starting an easing cycle to safeguard economic momentum.

Oct 10, 2024 - 00:52

Bank of Korea Expected to Pivot as Property Market Cools --[Reported by Umva mag]

(Bloomberg) — The Bank of Korea is widely expected to cut its benchmark interest rate on signs housing markets are cooling and after inflation eased below its target, joining an increasing number of global peers in starting an easing cycle to safeguard economic momentum. Read More

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