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Bank of Korea Deputy Chief Says Monetary Policy to Be Made 'Very Carefully'

SEOUL, Aug 21 : The new deputy chief of the Bank of Korea said on Friday that monetary policy decisions would be made 'very carefully' and flexibly if needed, taking into account various policy factors including the side effects of rate hikes. "Economic growth and inflation will have to be considered, as well

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(Seoul = Yonhap News) Reporter Han Ji-hoon = Bank of Korea Deputy Governor Kwon Min-soo said on the 21st, "It is a time when prudent and flexible policy judgments are needed."

·Seoul, Korea (the Republic of)
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Bank of Korea Deputy Governor Kwon Min-soo warns that risks of financial imbalances centered on household debt and housing prices will persist. Kwon Min-soo, who began his term as Deputy Governor of the Bank of Korea on the 21st, will carefully monitor the soft landing of household debt, while supplementing systems to ensure the Bank of Korea functions properly as the lender of last resort in times of crisis and strengthening the analysis of def…

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WTVB broke the news on Thursday, August 20, 2026.
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