BoK says March inflation was capped by government measures including fuel price caps
The Bank of Korea's commentary on March inflation suggests that government interventions, particularly in fuel pricing, have been effective in controlling price increases.
Australian Balance of Trade (Feb) 5.686B vs. Exp. 2.5B (Prev. 2.631B, Low. 1.5B, High. 3.0B)
Australian Exports MoM (Feb) M/M 4.9% (Prev. -0.9%)
BoK says March inflation was capped by government measures including fuel price caps
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This could signal to traders that the BoK might be less pressured to alter monetary policy rapidly, as inflationary pressures appear to be contained for now.
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