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Bank of Korea chief sees more conflict between goals

01 Tháng Giêng 2023
Bank of Korea chief sees more conflict between goals © Reuters. FILE PHOTO: South Korea's new central bank governor Rhee Chang-yong speaks during his inauguration ceremony in Seoul, South Korea April 21, 2022. SeongJoon Cho/Pool via REUTERS

SEOUL (Reuters) - The head of South Korea's central bank said on Sunday it would likely face an increasing conflict between policy goals in 2023 as the effect of the recent aggressive policy tightening materialises in earnest.

"It will be a year when a sophisticated policy mix is more important than ever due to a growing possibility of conflict between inflation, economic growth and financial stability," Governor Rhee Chang-yong said in his New Year's address.

He said a fast cooling of the real estate market could cause financial market instability, while listing the war in Ukraine and the COVID-19 situation in China as the main sources of uncertainty facing the country's economy and inflation.

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08-06-2023 19:08:28 (UTC+7)

EUR/USD

1.0738

+0.0039 (+0.36%)

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EUR/USD

1.0738

+0.0039 (+0.36%)

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1.2470

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139.69

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0.6687

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1.3357

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150.00

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 EUR/USD1.0738↑ Buy
 GBP/USD1.2470↑ Buy
 USD/JPY139.69↑ Sell
 AUD/USD0.6687Neutral
 USD/CAD1.3357Neutral
 EUR/JPY150.00↑ Buy
 EUR/CHF0.9752↑ Sell
 Gold1,962.25↑ Buy
 Silver23.832↑ Buy
 Copper3.7505↑ Buy
 Crude Oil WTI73.20Buy
 Brent Oil77.59Neutral
 Natural Gas2.346↑ Sell
 US Coffee C188.53↑ Buy
 Euro Stoxx 504,303.95↑ Buy
 S&P 5004,267.52↑ Sell
 DAX16,008.65↑ Buy
 FTSE 1007,622.10Neutral
 Hang Seng19,299.18↑ Buy
 Small Cap 20001,891.11↑ Buy
 IBEX 359,400.62Neutral
 BASF47.350↑ Buy
 Bayer52.20↑ Buy
 Allianz210.13↑ Buy
 Adidas159.90↑ Buy
 Lufthansa9.143↑ Buy
 Siemens AG158.07Neutral
 Deutsche Bank AG9.940↑ Buy
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Cập nhật 08-06-2023 19:08:31
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Cập nhật lúc 18:52:39 08/06/2023
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