Gronghui, September 3 | Dutch International Group wrote in a report that South Korea's overall inflation rate in August fell sharply to 2.0% from 2.6% in July, which may cause the Bank of Korea to cut policy interest rates in October. Dutch International Group stated: “As inflation moves towards the target range of the Bank of Korea, the possibility of cutting interest rates in October has increased.” It expects the inflation rate to fall below the Bank of Korea's 2.0% target in the next few months, mainly due to the high base year effect. However, Dutch International Group does not expect further interest rate cuts until early 2025, as it anticipates another recovery in Seoul's mortgage and housing prices.
荷兰国际银行：韩国通胀趋缓可能促使韩国央行10月降息
ING Bank: The easing inflation in South Korea may prompt the South Korean central bank to cut interest rates in October.
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