Economics SL Macroeconomics IA 7

2022-2023년도에 12학년 재학 중 Macroeconomics IA 7 받은 자료입니다. Contractionary monetary policy in S. Korea에 관한 기사입니다.

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South Korea’s Central Bank Unexpectedly Raises Rates as Prices Surge

● South Korea’s central bank raised its policy rate to the highest since August 2019 on
Thursday in an unexpected move, choosing not to wait for the formal appointment of a new governor before proceeding with its fight against surging inflation.
● In its first ever rate review held without a governor, the Bank of Korea’s monetary policy board voted to raise the benchmark interest rate by a quarter of a percentage point to 1.50%, an outcome only 11 of 29 economists foresaw in a Reuters poll.
● Analysts see South Korea’s policy rate reaching 2.00% by the end of this year.

South Korea’s central bank raised its policy rate to the highest since August 2019 on Thursday in an unexpected move, choosing not to wait for the formal appointment of a new governor before proceeding with its fight against surging inflation.

In its first ever rate review held without a governor, the Bank of Korea’s monetary policy board voted to raise the benchmark interest rate by a quarter of a percentage point to 1.50%, an outcome only 11 of 29 economists foresaw in a Reuters poll. The other 18 expected the bank to keep the base rate unchanged…

• 총 페이지수: 7 pages
• 과목: Economics
• 주제: IB Economics IA – Contractionary monetary policy in South Korea
• The file is in PDF format.