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The Bank of Korea is weighing whether to raise its key rate above 1.5% following the Federal Reserve's March hike, but is reluctant due to a weakening job market, falling consumption and record household debt. Most analysts expect the rate to stay unchanged in May.
Higher Korean rates would tighten domestic credit and could attract capital, affecting the won and local feed-buying costs. The commodity price impact is modest in the near term.
koreatimes.co.krMay 20, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
