2024-04-05 | Industry Dynamics
Bank of Korea Contemplates Forward Guidance Overhaul
Today’s News The Bank of Korea is considering a significant overhaul in how it communicates future interest rate trajectories, aiming to enhance transparency by extending the timeframe and introducing visual estimates, according to sources familiar with the matter. Governor Rhee Chang-yong, inspired by a proposal initially mentioned at the Federal Reserve’s Jackson Hole symposium in […]