Bank Of Korea Chooses Debt Over Disease

The previous peak in policy rates was a mini-cycle in 2019, when rates got as high as 1.75%. I'd suggest that puts the peak in this cycle at no more than 1.5%, though it could reach it by the end of 2022 at this rate. 

7-day repo rate

Source: CEIC

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Disclaimer: This publication has been prepared by the Economic and Financial Analysis Division of ING Bank N.V. (“ING”) solely for information purposes without regard to any ...

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