Korea Joongang Daily
Korea JoongAng Daily

Crossing the line when needed

The presidential office must back the administration so that government ministers can successfully do their job, rather than meddling in their affairs.

2024-06-25

Let the central bank handle the reform

It is the duty of politics to persuade the people and draw out a grand consensus.

2024-03-21

BOK keeps rate steady as it waits for proof of steadily easing inflation

The central bank voted unanimously to keep the rate at 3.50 percent while indicating that a cut is unlikely in the first half of the year.

2024-02-22

Bank of Korea holds rate steady for fifth time as uncertainties remain

The Bank of Korea (BOK) kept the rate unchanged at 3.50 percent on Thursday for a fifth consecutive time.

2023-08-24

Korea's inflation eases to 2.3 percent in July, slowest in 25 months

Korea’s consumer prices slowed for sixth consecutive month in July to grow 2.3 percent on year, Statistics Korea data showed Wednesday.

2023-08-02

Finance Minister tells G20 nations to unite on tackling inflation

Finance Minister Choo Kyung-ho has stressed the need for a coordinated effort among G20 nations to tame steep inflation.

2023-07-19

Bank of Korea holds rate steady at 3.5 percent

The Bank of Korea kept its policy rate unchanged Thursday for the fourth consecutive time, holding it at 3.50 percent.

2023-07-13

Inflation to cool below 3 percent before bouncing back: BOK

The Bank of Korea on Monday projected inflation to fall below 3 percent in June and July, but expects it to jump back up in the following months for the annual inflation to hover around 3 percent.

2023-06-19

Dealing in digital currency

Samsung Electronics and the Bank of Korea announced on Monday that they signed a memorandum of understanding (MOU) for collaborative research on offline CBDC (Central Bank Digital Currency) technology at Samsung's headquarters in Suwon, Gyeonggi.

2023-05-15

Asean Plus Three is forecast to grow 4.6 percent in 2023

The Asean Plus Three region is expected to grow by 4.6 percent in 2023, said the finance ministers and central bankers of the nations in statement Tuesday.

2023-05-02