(News Focus) Sharper-than-expected Q2 growth fuels expectations for another rate hike

🇰🇷 Yonhap News (KR) —
(News Focus) Sharper-than-expected Q2 growth fuels expectations for another rate hike

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South Korea reported stronger-than-expected economic growth in Q2 2024, fueling expectations of another interest rate hike. The better-than-anticipated GDP performance indicates robust domestic demand and economic recovery momentum.

SEOUL, July 23 (Yonhap) -- As better-than-expected second-quarter growth puts th...

World Politics Markets South Korea economic growth Q2 2024 interest rates GDP domestic demand

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