Asia Times|Real estate cost worries might obstruct rate cut ... - Jonathan Cartu Industrial & Residential Real Estate Firm
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Asia Times|Real estate cost worries might obstruct rate cut …

Asia Times|Real estate cost worries might obstruct rate cut …

The genuine estate market and home financial obligations make it hard to cut rates presently. The main bank’s financial policy position had actually been slanted towards a rate walking given that the Fed’s financial policy normalization, however it turned to a neutral position in the Monetary Policy Board conference in April.”It is not the federal government’s main position, however it is real that lots of Finance Ministry authorities hope that the BOK will decrease the interest rate,” another source stated.

The genuine estate market and home financial obligations make it challenging to cut rates presently. The main bank’s financial policy position had actually been slanted towards a rate walking because the Fed’s financial policy normalization, however it turned to a neutral position in the Monetary Policy Board conference in April. According to the May customer belief study launched by the Bank of Korea (BOK) on Tuesday, the customer belief index stood at 97.9, down 3.7 points from April. The federal government is refraining from commenting on financial policy.”It is not the federal government’s main position, however it is real that numerous Finance Ministry authorities hope that the BOK will decrease the interest rate,” another source stated.

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