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Standard Chartered Bank sees BOK to cut rates in Q2-2015

Quotes from Standard Chartered Bank We expect a rate cut from BOK in Q2-2015 Policy makers have indicated a rate cut is not imminent; BoK likely to keep rates on hold on 12 March. Rate-cut pressure is building on negativ…

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Quotes from Standard Chartered Bank

  • We expect a rate cut from BOK in Q2-2015

  • Policy makers have indicated a rate cut is not imminent; BoK likely to keep rates on hold on 12 March.

  • Rate-cut pressure is building on negative data trend and easing by major central banks.

  • We now expect a rate cut in Q2-2015, versus our previous forecast of Q1.

 

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