ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »BOK set to resume outsized rate hikes to keep pace with Fed
Bloomberg The Bank of Korea (BOK) is set to pivot back to an outsized interest-rate increase as it seeks to keep pace with the Federal Reserve and rein in inflationary pressures exacerbated by a weaker currency. The central bank will raise its key rate by a larger-than-regular 50 basis points to 3% at Wednesday’s meeting despite having dialled back ...
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