Bank of Korea acknowledges ‘real estate PF risk’, freezes base interest rate at 3.5%
In response to the Taeyoung Construction incident, the Monetary Policy Committee stated, “The PF crisis has increased” Are you going up to follow the US or down for real estate? Bank of Korea “freezes interest rates” China’s deepening real estate crisis, will Korea follow the same path? The Bank of Korea mentioned the real estate…