South Korea’s central bank meets this week – expected to hold interest rates unchanged

<p>Bank of Korea will meet on Thursday January 11. </p><p>It's the first major Asian economy central bank to meet in the new year. </p><p>HSBC are expecting the 'on hold' at 3.25% decision to be unanimous</p><ul><li>and the Board to retain the wording ‘maintain a restrictive policy stance for a sufficiently long period of time’ in its forward guidance</li><li>BOK might change its tone which could hint at a possible easing in the near term</li><li>HSBC do warn though that “inflation is likely still too high for a near-term start of easing.”
</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.