Bank of Korea keeps rates unchanged, expects growth to slow

The South Korean Central Bank kept base rate unchanged at 1.5 percent as expected on Thursday and warned that economic growth could be slower than previously expected. 

Key comments (Source: Reuters)

• Growth could be slower than projections made earlier
• South Korea investment will slow
• South Korea exports to sustain growth
• Headline inflation to gradually pick up
• To watch monetary policies abroad, geopolitical risks
• S.Korea household debt growth exceeded rate seen in previous years
• To watch future economic growth and inflation trends
• South Korea job market sluggish