Canada's rate of inflation unexpectedly slowed, with core measures showing some improvements, leaving room for the central bank to keep interest rates unchanged next week. The Bank of Korea is also poised to hold its benchmark interest rate steady as it seeks to slow a resurgence in household debt while preserving economic momentum. In the UK, the inflation rate unexpectedly holds steady at 6.7% in September, prompting the Bank of England to pause rate hikes. Sterling briefly blips up after the UK inflation data. The Bank of Korea extends its rate pause, maintaining a hawkish tilt on price pressures. These developments indicate that central banks in Canada and the UK are likely to keep interest rates unchanged in the near term.
Bank of Korea Stands Pat Again as Economy Shows Signs of Cooling - WSJ https://t.co/kKBK3Nm6rk
South Korea's central bank extends rate pause, as widely expected https://t.co/FWFV0BaTDi https://t.co/1T4LE8Vm2t
Bank of Korea extends rate pause, keeps hawkish tilt on price pressures https://t.co/kI6NQnMEYF https://t.co/PNyVP9xu5a
Sterling blips up after UK inflation data https://t.co/fF0rulI8HQ https://t.co/dm7MjWLFAR
UK inflation rate unexpectedly holds at 6.7% in September https://t.co/vetNokvbtE https://t.co/r58fGXWasA
UK inflation holds steady for September after Bank of England pauses rate hikes https://t.co/OsTOVIi0uK
The Bank of Korea is poised to hold its benchmark interest rate steady as it seeks to slow a resurgence in household debt while also preserving economic momentum https://t.co/Y5TJLmUtWC
The Bank of Korea is poised to hold its benchmark interest rate steady as it seeks to slow a resurgence in household debt while also preserving economic momentum https://t.co/ciQF4Re7iQ
Canada’s rate of inflation unexpectedly slowed, with core measures showing some improvements, leaving room for the central bank to keep interest rates unchanged next week https://t.co/VljTQSR8oO
Canada’s rate of inflation unexpectedly slowed, with core measures showing some improvements, leaving room for the central bank to keep interest rates unchanged next week https://t.co/R48OeD1PtH
Canada’s rate of inflation unexpectedly slowed, with core measures showing some improvements, leaving room for the central bank to keep interest rates unchanged next week https://t.co/ou1ycbOp9O