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Economy

Bank of Korea holds rates as inflation trails target, trade fears remain

Updated : May 24, 2018 09:01 AM IST

The Bank of Korea held interest rates steady for a sixth straight month on Thursday, with inflation seen remaining below target and trade frictions between the United States and China raising fears of collateral damage to other export-reliant Asian economies.
The Bank of Korea's monetary policy committee held its base rate steady at 1.5 percent, in line with forecasts from 13 analysts surveyed in a Reuters poll.
Bank of Korea holds rates as inflation trails target, trade fears remain
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