Bank of Korea says U.S. tariff policies, Fed policies among uncertainties for Korea

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Bank of Korea after its rate cut earlier:Will determine timing and pace of any further base rate cuts.Uncertainties to Korea growth outlook high.Will closely monitor domestic political situation.Exports growth to slow.Will closely monitor changes in economic policies at home and abroad.Will closely monitor effects of the base rate cuts.Domestic economic growth is projected to remain low for some time.Necessary to remain cautious about possibility of rebound in household debt.U.S. tariff policies, Fed policies, and stimulus measures by the Korean government are some of the uncertainties for the economy.Necessary to remain cautious about high FX volatility.Inflation is expected to remain stable at around 2%, affected by subdued demand pressure. This article was written by Eamonn Sheridan at www.forexlive.com.