The Bank of Korea is expected to tilt towards hawkishness with the appointment of Hyun Song Shin as its governor, economists have said.
Shin was nominated for the role on March 22, the same day that the Bank for International Settlements announced that he would be stepping down as its chief economist.
Economists said Shin was generally perceived as more hawkish than dovish and that his experience at the BIS would influence the BoK’s operations.
The BoK board held its policy rate at 2.5% at its
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