Bank of Korea Hikes Rates Again, Raises Inflation Forecast

The transcript discusses the Bank of Korea's monetary policy decisions, focusing on expected rate hikes and the impact of political uncertainties and COVID-19 on the economy. It highlights the effects of previous rate hikes on household lending and the housing market, and anticipates revisions in growth and inflation forecasts. The discussion also covers the potential challenges posed by upcoming political and monetary board transitions.

How might the political uncertainty surrounding the presidential elections affect monetary policy?

What challenges does the Bank of Korea face in terms of appointing a new governor?

In what ways could the economic data be distorted in the early months of the year?