Asia's fourth-largest economy is expected to have shrunk by a seasonally-adjusted 0.3% in the October-December quarter after growing 0.3% in the preceding period.
"The near-term growth outlook remains challenging amid the global tech downcycle and a faltering property market. The weak growth backdrop supports the case for an extended pause by the Bank of Korea." But as inflation cools and growth declines investors have boosted bets the BOK has reached the end of its rate hike cycle, which would make it the first central bank in the region to do so.
I'm
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BVTV: China's GDP beat | Reuters VideoThe world's second-largest economy grew 3% in 2022, better than expected. Beijing's decision to end consumption-suppressing policies removes future drags on growth. But with fiscal coffers low, and debt and inflation rising, Yawen Chen says it is also short on stimulus tools. Breakingviews ywchen1 ❤️It’s interesting that China is going to take a typical Western policy of Keynes to stimulate their economy.
Source: Reuters - 🏆 2. / 97 Read more »