[Korea Selected financial newspaper reporters] 'operational monetary policy in a direction that supports economic recovery and financial stability will also note'
The Bank of Korea governor Lee Ju-yeol (picture) said in a press conference last out around the end of March 2016, inaugurated two years.
The governor Lee Ju-yeol was also mentioned correspond to the difference between our saying, "Korea is the key currency gukin capital outflow should consider the risks involved in the policy stance eased Unlike countries' quantitative easing, negative interest rates, such as major central banks.
And a year later. The Bank of Korea governor Lee Ju-yeol was inaugurated the third anniversary date of 1 April. Shem is beyond the ridge section 7 of the term of office of the governor as long as four years.
Bank of Korea's monetary policy stance to maintain the easing 'in the direction of supporting economic recovery "has not changed significantly.
Lee Ju-yeol since the governor took office in April 2014 the Bank of Korea Monetary Policy Committee has cut benchmark interest rates five consecutive times. Interest rate was 2.50% a year during the inaugural fell to a record low level of 1.25% a year. I'm a French household debt accumulation 1300000000000000 won by current interest rate cuts are not a few. In this regard the governor Lee Ju-yeol has been described as "above which would call time, to respond to unexpected economic shocks had such Homers crisis.
Recently gathered attention back to the Bank of Korea is a corresponding part of the US monetary authorities raise interest rates. US Federal Reserve (Fed) kept the old outlook on the impressive number of times since 2019 last month on the 15th (local time), was a surprise policy rate hikes 0.25 percent this year.
Of course, you can see the United States in March, ahead of the rate decision the governor Lee Ju-yeol policy easing bihaeseon said the situation had "surmounted the US interest rate hikes are likely even faster than expected," the officer convening the meeting is ugly.
But is the situation the US policy rate band is going to open up the 0.75 to 1.00% decrease as long as the interest rate gap with the current annual 1.25%. Fed once been adding top Fed policy rate hikes this year, the same as long as the case raised interest rates twice yen may also occur reversal.
Lee Ju-yeol governor July 30 to attend the National Assembly Planning and Finance Committee issues report 'One of the monetary policy operation when the US Federal Reserve's interest rate hikes, but the main consideration is basically focused on the domestic macroeconomic and financial stability situation, "he said. When speaking before Parliament in February governor Lee Ju-yeol was also saying that "not something the United States as long as the interest rate olrindago correspond mechanically.
The governor Lee Ju-yeol said, "If you will expand excessively volatility of price variables such as capital outflow will conduct timely measures to stabilize the market."
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