Oxford Economics' Kuijs: BOK to Hold This Thursday

The transcript discusses the impact of the Delta variant on central banks, particularly the Bank of Korea, and their monetary policies. It highlights the potential delay in rate hikes due to the variant and government restrictions. The discussion moves to the Jackson Hole event and the Fed's response to inflation, emphasizing the difference between tapering and rate hikes. The economic impact of rate hikes in Asian economies is analyzed, focusing on the Bank of Korea. Finally, supply chain issues, especially in the semiconductor industry, are discussed in relation to global economic recovery.

What are the implications of the delta variant on central banks' plans according to the text?

How does the Bank of Korea's approach to rate hikes differ from that of the Fed?

What is the expected impact of a quarter percent rate hike on Asian economies?

What factors are influencing the manufacturing sector in Korea as mentioned in the text?

In what ways are supply chain issues affecting the global economy according to the discussion?