Earlier from the South Korean central bank:
Main points from the statement now accompanying the decision, Headlines via Reuters:
- Economic growth to slow
- GDP growth to be
slower than expected - Inflation to slow
gradually - Housing price
decline accelerated - Statement has no
reference to need for more rate hikes - Statement adds
assessment of recent rate hikes to factors to be considered going
forward - Policy focus will
remain on containing inflation - Extends existing
measures to support short-term money markets by 3 months
