Bank of Korea Joins the Tightening Trend With Rate Hike

The transcript discusses a split vote among economists on a potential interest rate hike, influenced by the pending installation of a new governor. It highlights inflation concerns in Korea, with rates exceeding targets, prompting policy considerations. The committee has raised rates thrice and is contemplating further hikes, with future guidance expected at a press conference.

Why are the economists holding back on further actions according to the text?

What are the two main takeaways mentioned by the speaker regarding the current economic situation?