“There is a need to lower the benchmark interest rate to near zero percent,” the Korea Development Institute said in a report. “Unconventional policy tools, such as directly purchasing treasury bonds, need to be actively deployed as rate cuts are unlikely to be enough to support economic recovery and boost inflation.”
The Bank of Korea slashed interest rates KROCRT=ECI by 50 basis points to a fresh low of 0.75% in March, in its largest policy easing since the global financial crisis, and signalled strong appetite for further cuts in April.Our Standards:
Source: Financial Digest (financialdigest.net)
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korean Research Boosts Theory That Retesting Positive for Covid-19 Is Fluke, Not RelapsePreliminary research by health officials found that a group of patients who tested positive a second time for the coronavirus hadn’t passed the disease on to others. If Little tiny tweets got the right attention i hope sooo. Up until 4 hours ago there was no update on ivermectin in news stream since one month ago. now there are updates about inverstors investing left and right. lets keep it going guys ivermectin ivermectin lol ivermectin Hi. I see you wrote 'South Korea' but did you know that Koreans don't really like it when you specify 'South' when it's not totally necessary to what you're saying? It's a painful and unwelcome reminder of our divided country. Please consider this in the future. 감사합니다! The big dogs strive and the little dogs die. FreedomOverFear OpenAmericaNOW opencalifornianow
Source: WSJ - 🏆 98. / 63 Read more »
South Korean football club apologizes for filling stands with 'sex dolls'Fans were barred from the stadium to prevent the spread of coronavirus — and those watching online noticed something off-color about the mannequins drafted in to fill the stands. this is just too funny!!!! Thumbs up! Who cares what they were? They served their purpose.
Source: CNN - 🏆 4. / 95 Read more »
South Korean Soccer Team Used Sex Dolls To Fill Empty StadiumFC Seoul said it meant 'to add some fun in the no-spectator match,' but ended up apologizing.
Source: HuffPostWomen - 🏆 27. / 68 Read more »
Masked against coronavirus, South Korean students return to schoolSouth Korean high schools opened on Wednesday for the first time this year, with mask-wearing seniors returning to class in the vanguard of a phased plan to reopen all schools under strict protocols to prevent the spread of the novel coronavirus. Which is only safe with a massive test, privacy protected trace and isolate program. At the rate the US is going schools won't even be safe by fall. what a strange time to be alive Unless they are cleaning those desks between classes, there is always the potential to get the virus.
Source: Reuters - 🏆 2. / 97 Read more »
South Korea Says Patients Who Re-Tested Positive After Recovering Were No Longer InfectiousThis new finding could add clarity to the question of survivor immunity. Pls, tell this to WHO. All they say: No evidence for this, no evidence for that!! It seems go endless until vaccine comes out. Hope whoever invent the vaccine will adhere to the spirit of cooperation other than go with nationalism.
Source: Forbes - 🏆 394. / 53 Read more »