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15th Jan 2025 10:40China+Daily Monitor

  • The BoK delivered a ‘dovish hold’ yesterday due to FX-volatility worries, in line with our forecast.
  • The MPB recognises the need to shore up the economy but wants to learn more of Trump’s plans.
  • The Bank is likely to resume rate cuts in February, as downside risks to domestic growth are rising.

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Keywords for: 17 January 2025 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence