SEOUL : The head of South Korea's central bank said on Tuesday his bank's monetary policy stance would not change after a speech last week by Federal Reserve Chair Jerome Powell who said the U.S. economy will need tight monetary policy 'for some time'.Still, Bank of Korea Governor Rhee Chang-yong said his
SEOUL : The head of South Korea's central bank said on Tuesday his bank's monetary policy stance would not change after a speech last week by Federal Reserve Chair Jerome Powell who said the U.S. economy will need tight monetary policy"for some time".
Still, Bank of Korea Governor Rhee Chang-yong said his bank would keep closely watching the Fed's policy decisions as the volatility in global markets has increased, the central bank said in a text message to reporters.
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