The Bank of Korea is widely expected to stand pat on Tuesday as inflation slows and financial-market jitters remain, with growing views that its current tightening cycle has little room left to run.
A Bloomberg survey found that 15 out of 16 economists expect the South Korean central bank to keep its benchmark interest rate at 3.5%, which would mark the first time the board holds for two meetings in a row since the hike cycle began in August 2021. Only one analyst forecast a hike.
Source : Bank of Korea Anticipated to Keep Policies Unchanged Despite Growing Challenges