Monday, July 12, 2010

Nouriel Roubini on South Korea rate hikes

"Given revival of capital inflows in June, rising inflationary pressures and risks from negative real interest rates, South Korea will hike rates by another 50 basis points in the third quarter,"
"This will be followed by a 25 basis point hike in the fourth quarter, unless domestic and global growth slow more than expected or there's a repeat of a May-like sell-off. Rates will go up by at least 75 basis points in 2011,"
in The Korea Times 07-11-2010

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