Outgoing BOK Chief Advocates Broader Central Bank Role
The outgoing chief of the Bank of Korea emphasized the need for the central bank to adopt a broader role in addressing long-term economic challenges beyond traditional monetary policy.
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Outgoing BOK chief stresses broader role of central bank in addressing long-term challenges
Outgoing Bank of Korea Gov. Rhee Chang-yong said Monday achieving economic stability and growth through monetary and fiscal policy alone has become increasingly difficult, calling for a broader role for the central bank in addressing long-term structural challenges. Rhee made the remarks during his farewell ceremony in Seoul, as he completed his four-year term. Governor-designate Shin Hyun-song is set to begin his term Tuesday if his nomination is approved by the parliament later in the day. "De
By The Korea Herald
Read full article →Outgoing BOK chief stresses broader role of central bank in addressing long-term challenges - Yonhap News Agency
Outgoing BOK chief stresses broader role of central bank in addressing long-term challenges Yonhap News Agency
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