Bank of Korea renews QE warnings

The South Korean central bank’s policy board ramped up its warnings on Monday against a possible surge in capital inflows as a result of the ultra-loose monetary policy led by the advanced economies.

“An atmosphere of protectionism is spreading and South Korea needs to take a much more serious view about this,” Ha Sung-keun, a member of the Bank of Korea’s 7-member monetary policy committee, told reporters on behalf of the committee.

via Business feed http://www.scmp.com/business/economy/article/1137879/bank-korea-renews-qe-warnings