✉news BusinessBanking first seen 11 h ago, last 19 min ago, peak #2
South Korea's Central Bank Right to Let Asset Boom Run
Original: South Korea’s Central Bank Is Smart Not to Kill This Boom
A Bloomberg column argues that the Bank of Korea is taking the right approach by not intervening aggressively to deflate what it sees as a boom in the country's markets. The piece credits the central bank for resisting calls to tighten policy or raise warnings that would cool momentum, judging the upside risks of the rally to be tolerable for now.
Why now: Debate over whether the Bank of Korea should act to cool a market rally is drawing attention to its policy stance.
Bank of KoreaSouth KoreaBloomberg
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Evidence
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