FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, March 8, 2016. Picture taken on March 8, 2016. REUTERS/Kim Hong-Ji/File Photo
"There will be positive effects from normalising interest rates after inflation is stabilised, as it will ease the burden of debt repayment," the official, Suh Young-kyung, told media prior to her last policy meeting in April."There are also worries about upward pressures on household loans and house prices, which may not seem that huge, but certainly remain."
The monetary policy board will decide on interest rates after taking careful consideration of both sides, Suh said, citing inflation, domestic demand, household debt and house prices as key factors.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North Korea fires ballistic missile as Blinken visits Seoul for democracy summitSEOUL: North Korea fired a ballistic missile on Monday (Mar 18), Seoul's military said, as US Secretary of State Antony Blinken visited South Korea to meet top officials and attend a democracy summit.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
North Korea fires ballistic missiles as Blinken visits Seoul for democracy summitTensions on the Korean peninsula rising once again, after the North fired short-range ballistic missiles into the sea for the first time in two months. Deterrence is high on the agenda, as dozens of delegates -- including America's top diplomat Antony Blinken -- convene in Seoul for the Summit for Democracy.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea to Improve Pay and Working Conditions for Young DoctorsSouth Korea will address the demands of medical trainees by improving pay and working conditions. The government plans to limit working hours and provide monthly allowances for trainee doctors.
Source: STForeignDesk - 🏆 4. / 71 Read more »
South Korea regulator may sanction Meta over marketplace, say media reportsSEOUL — South Korea's antitrust agency will consider imposing sanctions on Meta Platforms for allegedly failing to protect some users of online marketplaces operated by Facebook and Instagram against fraudulent transactions, news reports said on Friday (March 8).
Source: asiaonecom - 🏆 10. / 59 Read more »
South Korea to finish sending licence suspension notices to doctors in walkoutThe walkout will soon enter its fourth week, with no signs of a quick ending.
Source: The Straits Times - 🏆 8. / 63 Read more »
South Korea begins suspending licences of 4,900 striking doctors; leaves door open for dialogueSEOUL: South Korea said on Monday (Mar 11) it had started procedures to suspend the medical licences of 4,900 junior doctors who have resigned and
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »