Bank of Korea's Rhee: premature to talk about pivot

Kitco Media
By Reuters
Published:
Updated:
Reuters
INCHEON, South Korea, May 3 (Reuters) - South Korea's central bank chief on Wednesday welcomed a decline in inflation but said it was "a little bit premature" to talk about a policy pivot given the inflation rate is staying far above the policy target. Bank of Korea Governor Rhee Chang-yong made the remarks during an interview with CNBC TV. (Reporting by Choonsik Yoo and Jihoon Lee; Editing by Christian Schmollinger)

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