South Korea inflation slows to 3-12-year low, backs case for imminent rate cut
South Koreas consumer inflation slowed in August to the weakest in nearly 3-12 years, official data showed on Tuesday, supporting market expectations for an easing of monetary policy as early as next month.
Posted by Hicham ALAOUI RIZQ on 2024, Sep 03
Introduction
South Koreas consumer inflation slowed in August to the weakest in nearly 3-12 years, official data showed on Tuesday, supporting market expectations for an easing of monetary policy as early as next month.
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