Kang Seung-woo is the Business Desk editor at The Korea Times. Prior to this position, he covered politics, national affairs, finance and sports.
BOK chief vows to achieve dual goals
By Kang Seung-woo
The nation’s top central banker said Friday that he will seek to achieve dual goals ― controlling inflation and boosting economic growth ― next year in order to ensure a sustainable recovery.
“Economic uncertainty is still lingering in and out of Korea, so we need to raise the guard against fast-changing economic conditions,” BOK Governor Kim Choong-soo said in a New Year's message.
“The BOK will manage the rate policy by focusing on maintaining price stability and helping support solid economic growth.”
His remarks indicate that the central bank