Bank of Korea Governor says interest rate cuts unlikely after unprecedented political unrest

Bank of Korea Governor Rhee Chang-yong believes the central bank is unlikely to lower interest rates because of the country’s recent political turmoil. He said the chaos caused by President Yoon Suk Yeol’s move to impose martial law on the country had little implications for South Korea’s economy. In an interview on Bloomberg TV, Rhee […] source: https://www.cryptopolitan.com/bank-of-korea-governor-rate-cuts-unlikely/