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BoK Rhee remarks from Jackson hole
-Rates to rise until inflation defeated
-Correction in housing mkt inevitable
-If the fed continues hike to rates, it will further build pressure on the weakening Krw.
-Don't think we will stop rate hike earlier than the Fed.
-Geopolitical risk like US-China tension and Ukraine war sparking higher energy costs is huge downside risk.
BoK Rhee remarks from Jackson hole
-Rates to rise until inflation defeated
-Correction in housing mkt inevitable
-If the fed continues hike to rates, it will further build pressure on the weakening Krw.
-Don't think we will stop rate hike earlier than the Fed.
-Geopolitical risk like US-China tension and Ukraine war sparking higher energy costs is huge downside risk.