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South Korea's finance minister and BOK chief vow policy coordination
Original: (LEAD) Finance minister, BOK chief stress coordination to address uncertainties
South Korea's finance minister and the governor of the Bank of Korea have emphasized the need for close coordination between fiscal and monetary policy to address economic uncertainties. Yonhap News Agency reported the comments, which highlight government and central bank alignment at a time of volatility in currency, rates and global trade conditions. No further details were given in the report.
Why now: Economic uncertainty is making markets and the public attentive to signals of fiscal-monetary policy alignment in South Korea.
South KoreaBank of KoreaYonhap News Agency
Evidence
- (LEAD) Finance minister, BOK chief stress coordination to address uncertainties · Yonhap News Agency
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