Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
China Services PMI Hits Three-Month High as New Orders and Hiring Improve 
Bank of Korea maintains the policy rates at 1.25 percent at the monetary policy meeting held Thursday, line with market expectations.
While trade growth remained lukewarm, South Korea’s growth for the first three-quarters of this year was decent at 2.9 percent from 2.6 percent in 2015. This was partly because of swift actions by the government and the central bank to counter the economic slowdown.
Looking ahead, it is believed that the risk for the economy is quite balanced; despite the political risks are rising after the impeachment on President Park, the external sector could see some improvement given the buyout US growth outlook, Commerzbank reported.
Meanwhile, the CPI inflation is likely to rise somewhat in the coming year, but will still stay below the central government target.
"All told, we think that the BoK will remain on hold next year, but KRW is likely to weaken given the broad USD strength," the report said.
