The Bank of Korea (BOK) is expected to maintain its policy rate unchanged until Q3 despite easing inflation. The central bank's decision is influenced by a board reorganization that may impact future policy shifts. In contrast, Indonesia's central bank is likely to keep its benchmark interest rate steady following Prabowo Subianto's anticipated victory in the presidential race, removing election-related uncertainties. South Korea's improving growth prospects are anticipated to delay rate cuts until late 2024, with expectations that the central bank may consider reducing interest rates soon.
Bank Of Korea Keeps Base Rate Unchanged At 3.50%, As Expected
Almost no one expects South Korea's central bank to cut interest rates today, but it could be coming soon https://t.co/s9CMjxQbXZ https://t.co/6IGBjdOTJC
💡 South Korea: Improving growth prospects likely to push rate cuts to late 2024 - @EmergingMWatch on https://t.co/orvmA6Wqwk Full Story → https://t.co/oLWvKC22No
Indonesia’s central bank will likely keep its benchmark interest rate steady as Prabowo Subianto’s impending victory in the presidential race removes the uncertainty of a lengthy election process https://t.co/SXWZLfnVep
The Bank of Korea is expected to hold its benchmark interest rate steady as it undergoes a reorganization of its board that may influence the timing of a potential policy pivot later this year https://t.co/amcO8nFD6U
BOK to keep policy rate unchanged until Q3 despite easing inflation https://t.co/0aqoECIak7 https://t.co/pUIPqMClmZ