New Bank of Korea Governor May Deliver Rate Hikes Sooner Than Anticipated

ING Economic and Financial Analysis5.27K FollowersFollow5ShareSavePlay(5min)CommentsSummaryShin Hyun-song's nomination as Bank of Korea governor is likely to increase expectations that the central bank will deliver preemptive rate hikes.Trade data for early March, meanwhile, showed that chip exports remain strong despite the heightened Middle East risks.In our recent FX talking report, we projected that the USDKRW would trade within a broad range of 1,450 to 1,550. tupungato/iStock Editorial via Getty Images By Min Joo Kang, Senior Economist, South Korea and Japan Our initial assessment of his policy stance is leaning hawkish On Sunday, the government announced Shin Hyun-Song as its nominee for the governor of theThis article was written byING Economic and Financial Analysis5.27K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.