MNI BOK WATCH: Rhee Flags More Cuts Following 25bp Reduction

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May-29 04:53By: Hiroshi Inoue
Bank of Korea+ 1

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Bank of Korea Governor Rhee Chang-yong on Thursday signalled the possibility of additional rate cuts due to worsening economic conditions, while stopping short of providing a clear timeline, noting that decisions would remain data-dependent. "The Bo...