Fed Maintains Language on 'Attentive to Risks on Both Sides of Dual Mandate'
Federal Reserve keeps policy statement language unchanged, signaling continued balanced approach to inflation and employment risks in dual mandate framework
President Lee Dismisses Rumors of Using Retirement Pension Fund to Defend FX Market—Says It Is Not Possible
President Lee firmly rejects speculation that South Korea's retirement pension fund could be used to defend the foreign exchange market, calling such rumors unfounded and impossible.
3-Year Treasury Futures Turn Bearish After Release of Monetary Policy Minutes
South Korea's 3-year treasury futures reversed to a bearish trend after the Bank of Korea dropped guidance on potential rate cuts from its latest policy statement.
Monetary Policy Board Revises Statement from 'Maintain Easing Stance' to 'Keep Easing Option Open'
The Bank of Korea's Monetary Policy Board signals a shift in tone, amending its statement to emphasize flexibility on future rate cuts rather than a continued easing stance.
Dollar-Won Extends Gains After Bank of Korea Policy Statement—1,435.40 Won
South Korean won weakens as the dollar-won exchange rate climbs to 1,435.40 following the Bank of Korea's policy announcement.
Monetary Policy Board Maintains Wording on Timing and Pace of Additional Rate Cuts
The Bank of Korea's Monetary Policy Board signals a cautious approach by maintaining its guidance on the timing and pace of potential further rate cuts.
Fed Says Economic Outlook Remains Highly Uncertain—Removes 'Diminish' Language
The Federal Reserve underscores persistent uncertainty in the economic outlook, notably omitting previous references to diminishing risks in its latest statement.
Monetary Policy Board Maintains Wording on Timing and Pace of Additional Rate Cuts
The Bank of Korea's Monetary Policy Board signals a cautious approach by maintaining its language on the timing and pace of potential further rate cuts.
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