BoK Deputy Governor says it is time to think about a rate hike, Yonhap reports; cites more resilient growth and higher inflation than expected
Context
The BoK Deputy Governor's comment signals a notable shift towards a possible rate hike, reflecting stronger-than-anticipated growth and rising inflation. This is likely to be read as a hawkish indication that could influence market expectations, especially regarding the likelihood of a rate increase in upcoming meetings. Traders should consider how this could affect the Korean won and the broader regional risk sentiment.
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