BOK senior deputy gov. says time to consider rate hike on solid growth
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Ryoo Sang-dai, senior deputy governor of the Bank of Korea (BOK), has said it is time to consider a rate hike, citing the country's better-than-expected economic growth in the first quarter. The comment comes despite the economic uncertainties caused by the ongoing conflict in Iran. "When we held the key rate in April, we noted that the war might force us to lower our growth forecast and raise our inflation forecast," Ryoo was quoted as saying Sunday (local time) in pool reports while visiting S
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