Monday, January 28, 2013

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

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