The Bank of Korea Left its Key Interest Rate Unchanged Friday (Nov. 29)

29 November 2019

Research

ECB PolicyMakers Expect to Tweak Their Inflation Targets in an upcoming review of their strategy but will struggle to go much further than that. The Institution`s First Fundamental Assessment in 16 Years Might Conclude with a Goal of 2% - Institute of the Current "Below, but Close to, 2%" which some governors work risks leaving inflation too weak. (Bloomberg) The Bank of Korea Left Its Key Interest Unchanged Friday, opting to present the policy room after two rates this year year to support an economy hurt by global trade tensions. South Korea`s Central Bank Kept the Seven-Day repurchase rate at 1.25% in its last decision of the year, as expected. (Bloomberg) German inflation pick up more than expected in November to a Five-Month High, An Encouragging Sign for European Central Bank Policymakers. Consumer Prices Rose 1.2% from a year earlier, Compared with estimates for an acceleration to 1.1%. The Improvement Reflects Higher Costs for Food and Services, which offset a drag from energy and month-on-month slump in package holidays. (Bloomberg) Source: Danareksa Securities Debt Research