Departing Bank of Korea board member says policy should focus on inflation control

AI Summary

A departing board member of the Bank of Korea has emphasized the need for the central bank to prioritize controlling inflation as it risks exceeding target rates. This statement underlines ongoing concerns about inflationary pressures in South Korea's economy.

SEOUL, May 11 (Reuters) - South Korea's central bank needs to prioritise controlling inflation as it could exceed the target rate after the ...