Standard Chartered Bank sees BOK to cut rates in Q2-2015

Quotes from Standard Chartered Bank

• We expect a rate cut from BOK in Q2-2015
  
  
• Policy makers have indicated a rate cut is not imminent; BoK likely to keep rates on hold on 12 March.
  
  
• Rate-cut pressure is building on negative data trend and easing by major central banks.
  
  
• We now expect a rate cut in Q2-2015, versus our previous forecast of Q1.