Bank of Korea deputy chief says time to consider rate hikes
CNA·- South Korea's Bank's Senior Vice Governor stated that monetary policy guidance will become more hawkish at the upcoming meeting later this month. - During a press conference at the Asian Development Bank meeting in Samarkand, Uzbekistan, he discussed inflation pressures despite recent government measures to control consumer prices. - He also noted that economic growth is expected to reach about 2% this year, largely due to the boom in chip exports.