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Bank of Korea's Rate Decision Amid Softening Stance
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Overview
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Bank of Korea maintains key interest rate at 3.5% amidst softer hawkish stance, raises inflation forecasts, and lowers growth forecast for next year.
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How might the Bank of Korea's cautious stance on policy impact the Korean economy in the short term?
How might the Bank of Korea's decision to hold rates affect global monetary policy and international trade?
What factors contributed to the unexpected inflation acceleration in October and record household debt?
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