South Korea's central bank has vowed to focus on global uncertainties such as the Federal Reserve's normalization of rates when implementing its monetary policies in the future.<br />This is according to the Bank of Korea's monetary policy report...which is released four times a year to help the public better understand its policy operations.<br />The central bank is vowing to focus on financial stability...given overseas uncertainties such as the monetary policy normalization in the U.S. and trade dispute between China and the United States.<br />The report added the BOK has kept its accommodative policy...meaning generally lower interest rates to make borrowing cheaper, which encourages spending, investment and growth. <br />
