Sep
10
Bank of Korea Holds Rate at Record Low, Weighs Fed and China
ByThe Bank of Korea kept its key interest rate unchanged for a third month as it gauges uncertainties for the economy from China’s slowdown and a possible policy shift by the Federal Reserve.
The decision to hold the seven-day repurchase rate at a record low 1.5 percent was forecast by 16 of 18 economists surveyed by Bloomberg. The others saw a cut to 1.25 percent…
Bank of Korea Holds Rate at Record Low, Weighs Fed and China
