Bank of Korea Ends 15 Months of Record Low Rates With Hike

The transcript discusses the Bank of Korea's historic rate hike, marking it as the first major Asian economy to do so. The decision is analyzed in terms of its impact on debt and the ongoing virus situation. The upcoming press conference with Governor Lee is anticipated for further insights. Key questions include the pace of tightening and the role of virus cases. The inflation forecast has been raised, indicating economic challenges ahead.

What questions do you think the press will ask Governor Lee during the press conference regarding the recent policy changes?

In what ways has the forecast for inflation changed, and what does this indicate about the economic outlook?