# Asia Week Ahead: Weak won may comfort Korean central bank | articles | ING THINK

> ING scaled back its Bank of Korea forecast to one rate hike in the third quarter from two previously. It cited record household debt of $1.3 trillion and slowing GDP growth in late 2017.

- Date: 2018-02-22 · published 2018-02-22T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/66720-asia-week-ahead-weak-won-may-comfort-korean-central-bank-articles-ing-think
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A slower Korean tightening path reduces pressure on the won and on the currency-driven cost of imported feed inputs, with limited direct effect on grain prices.

## Read by commodity

- USDKRW: neutral

## Sources

- think.ing.com: https://think.ing.com/articles/asia-week-ahead-weak-won-may-comfort-korean-central-bank/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.