The Bank of Korea left its key interest rate unchanged on Tuesday, as expected, taking note of
muted inflationary pressure and showing caution ahead of any further monetary tightening from the U.S Federal Reserve's policy meeting on March 20 - 21.
Not exact matches
«We believe that underlying
inflationary pressures will gradually ease due to appreciable excess capacity, extended
muted economic activity, and ongoing wage moderation amid substantial labour market slack,» he predicted.
«With the Canadian growth rotation just getting underway and long - term
inflationary pressures appearing
muted, the Bank of Canada will likely want to keep its foot on the accelerator for as long as possible to support the rotation process,» DePratto wrote in a note.
US Economy Keeps Rolling The US economy benefits significantly from lower oil prices and is currently in a kind of «goldilocks» scenario: The recovery has firmed while receiving a boost from lower oil prices; those lower oil prices are helping keep
inflationary pressures muted, thus allowing the Federal Reserve to maintain very low interest rates.