BOK’s Rhee: There is no change in stance after Powell speech

…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE and login below to read further [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]

Bank of Korea (BOK) Governor Rhee Chang-yong said on Tuesday, “there has been no change in policy since the last meeting,” despite Fed Chair Jerome Powell’s hawkish stance.

We will closely examine the fed’s policy decisions and their impact on financial markets.

Future Fed rate hikes may increase global market volatility.

There has been no change in policy since the last meeting.

USD/KRW rebounded firmly from near 1,344.50 levels on the above comments. The pair was last seen trading at 1,348.95, up 0.22% on the day.

[/s2If]
Join Our Telegram Group