Why central banks are too powerful and have created our inflation crisis 
High interest rates aren’t going away anytime soon – a business economist explains why 
The Federal Reserve held off hiking interest rates 
Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI 
Supporting ‘democracy’ is hard for many who feel government and the economy are failing them 
What central banks are doing to safeguard financial stability and why they must proceed with caution 
What should you do if you can’t pay your rent or mortgage? 
Inflation: why prices look likely to stay high in the UK and Ireland, and what that means for mortgages 
The Bank of Korea (BoK) is expected to remain on hold at the monetary policy meeting scheduled to be held next week, with headline inflation making a gradual and slow rise. Also, consumer prices in the country are expected to reach the central bank’s target band in the next year.
The BoK will likely leave its 7-day repo rate unchanged at 1.25 percent on Thursday December 15, at 9:00 SGT. With headline inflation slowly rising, 2017 average inflation is expected to reach the BoK’s lower limit of its 1.5-2.5 percent target range, ANZ reported.
Also, the National Assembly has voted in favor of President Park Geun-hye’s impeachment today, adding political uncertainty in the economy, which shall aloof any such policy changes for the time being.
Meanwhile, China’s various activity indicators are likely to have been stable in November, while monetary indicators should be consistent with the government’s policy of gradual deleveraging.
