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Fed rate hike to have limited impact on Korean market: BOK chief

2018-09-27 0 Dailymotion

The Bank of Korea's governor says the U.S. Federal Reserve's rate hike will likely have a limited impact on Korea's capital markets. <br /> Governor Lee Ju-yeol told reporters Thursday morning the pace of rate hikes in the U.S. is in line with expectations and that a rate gap of 50 to 75 basis points is unlikely to trigger capital flight.<br />On the BOK's rate decision later this month, Governor Lee said the bank will take into consideration domestic macroeconomic conditions, capital market stability and the impact of the U.S.-China trade war. <br />

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