The Bank of Korea finds that 62.8% of market participants view its three-month rate outlook as conditional, while 72% express concerns about widening gaps if forward guidance is extended, highlighting the need to balance policy credibility and flexibility.
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Bank of Korea - 62.8% See Three-Month Rate Outlook as Conditional—72% Express Concerns Over Extending Forward Guidance Horizon
The Bank of Korea finds that 62.8% of market participants view its three-month rate outlook as conditional, while 72% express concerns about widening gaps if forward guidance is extended, highlighting the need to balance policy credibility and flexibility.