BOK Expected to Cut Rates in October, Nomura Says

BOK Expected to Cut Rates in October, Nomura Says Play

Sept. 13 (Bloomberg) -- Kwon Young Sun, a Hong Kong-based economist at Nomura International Ltd., talks about Bank of Korea monetary policy, and the outlook for the Korean economy and the nation's currency. The Bank of Korea unexpectedly held borrowing costs, opting to preserve policy room in the event of a deeper global slowdown after the government boosted support measures with spending and tax cuts. Kwon speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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