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Trading news
27 Feb 2020
BOK’s Lee: Growth outlook assumes coronavirus outbreak won't last too long
Key quotes:
Growth outlook assumes virus outbreak won't last too long.
The biggest risk to S. Korea growth is coronavirus spread.
Needed to wait a little further to gauge impact from virus.
Thursday's rate decision was not unanimous.
Board member cCo dong-chul was dissenter to Thursday’s rate decision.
Board member Shin in-eok was dissenter to Thursday’s rate decision.
Previous two key rate reductions seem to be working.