BOK chief nominee Shin plays down ‘hawk’ label, stresses flexibility

South Korea’s central bank chief nominee Shin Hyun-song on Tuesday downplayed concerns over a more hawkish monetary stance, stressing the need for flexibility in responding to economic conditions rather than adhering to rigid policy labels. Speaking to reporters as he arrived at Hanwha Financial Plaza in central Seoul ahead of his parliamentary confirmation hearing, Shin rejected characterizations of himself as a “pragmatic hawk,” a label that has fueled speculation that the Bank of Korea could

By The Korea Herald