BOK expects inflation to ease 'steadily'

BOK expects inflation to ease 'steadily'

Bank of Korea Gov. Rhee Chang-yong attends a press conference at the central bank's headquarters in Seoul on Dec. 20, 2022, in this photo released by the bank. The BOK said South Korea will likely see inflation grow at about 5 percent "for the time being," but price growth will slow down "steadily" thanks to stabilizing oil costs and the impact of the economic slowdown at home and abroad. (PHOTO NOT FOR SALE) (Yonhap)

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