Economist Who Predicted BOK Cut Sees More Easing Ahead

The video discusses a press briefing on the Bank of Korea's unexpected policy rate cut, despite concerns about housing prices and FX markets. It explores the reasons behind the decision, including market concerns and growth forecasts. The briefing highlights dissent among decision-makers and changes in the policy statement, such as removing housing prices and financial stability trade-offs. The video concludes with projections for future rate changes and inflation forecasts.

What factors are contributing to the Bank of Korea's pessimistic growth forecast over the next two years?

What is the expected trajectory of the Bank of Korea's policy rate in the coming year?