Yonhap Infomax NewsCiti has raised South Korea’s 2024 GDP growth forecast to 2.4% on booming AI-driven semiconductor exports, while warning the Bank of Korea’s rate hike cycle could approach 3% amid robust tech sector momentum.
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https://en.infomaxai.com/news/articleView.html?idxno=103368
Citi Raises South Korea's 2024 Growth Forecast to 2.4%—Warns Rate Hike Cycle Could Approach 3%
Citi has raised South Korea’s 2024 GDP growth forecast to 2.4% on booming AI-driven semiconductor exports, while warning the Bank of Korea’s rate hike cycle could approach 3% amid robust tech sector momentum.