Oxford Economics: BoK To Hike Rates By 25bps To 1% in Nov.

The transcript discusses the anticipated rate hike in November due to persistent inflation above target levels and financial concerns, particularly household debt. It explores factors that could influence rate decisions, such as China's slowdown, energy crises, and supply chain issues. The discussion extends to global inflation trends, highlighting differences between regions like the US, South Korea, and the rest of Asia. The transcript concludes with an outlook on future monetary policies, emphasizing the need for a gradual normalization approach and the impact of real interest rates.

What are the expected trends in inflation over the next few quarters?

What is the significance of real interest rates being negative?

What are the anticipated actions of the Bank of Korea in response to economic conditions?