2 Torsten Slok, chief economist, Apollo Global Management: … and #hyperscalers judged that #AI-driven returns would exceed the higher cost of #capital. In effect, one of the traditional channels through which #monetarytightening slows activity, a pullback in #commercialconstruction …🧵
PIMCO expects the Bank of Korea to keep rates steady in the near term but warns that heightened FX volatility could prompt further tightening, as policymakers focus on currency stability and WGBI inclusion draws investor attention.
#YonhapInfomax #PIMCO #BankOfKorea #FXVolatility #WGBI #MonetaryTightening #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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