Reuters reveals Bank of Korea ready to adjust tightening pace, hopes for peak rate near 3.5%

Reuters was first to report that South Korea’s central bank is ready to adjust its pace of policy tightening to achieve a soft landing in real estate and hopes the peak of its target rate in this cycle will be around 3.5%, its governor said at the Reuters NEXT conference on Wednesday.

The post Reuters reveals Bank of Korea ready to adjust tightening pace, hopes for peak rate near 3.5% appeared first on Reuters News Agency.

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