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피터빈트

Two BOK board members call for rate cut: BOK chief

By Yonhap

Published : Aug. 30, 2019 - 11:44

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Bank of Korea Gov. Lee Ju-yeol said Friday two BOK board members cast a dissenting vote in the August rate-freeze decision. 


(Yonhap) (Yonhap)

Cho Dong-chul, who is considered the most dovish among the seven-member monetary policy board, and another dovish member, Shin In-seok, called for the central bank to cut its key rate by a quarter percentage point, Lee told reporters, after freezing the key rate at 1.5 percent.

Many analysts view that a dissenting vote could signal a change in the BOK's policy in the coming months. (Yonhap)

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