Business
Bank of Korea Governor Signals Readiness to Raise Interest Rates as Inflation Risks Mount
Bank of Korea Gov. Shin Hyun-song warned against falling behind the curve on taming inflation, signaling growing urgency for policymakers to act before it is too late.
With the Middle East conflict dragging on, concerns over inflationary pressures have increased, Shin said in a speech Friday marking the central bank’s 76th anniversary.
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