Risks to South Korea's economic growth have risen mostly from outside the c...
FILE PHOTO: Yoon Jong-won, Senior Presidential Secretary for Economic Affairs, speaks during an interview with Reuters in Seoul, South Korea, August 30, 2018. REUTERS/Kim Hong-Ji
The remarks came as investors have been increasing bets that the central bank would cut its policy interest rate in the next few months for the first time since mid-2016 to keep Asia’s fourth-largest economy from weakening further. The trade conflict between the United States and China has lasted longer than expected, making it difficult to predict when South Korea’s economy would turn around, he said.
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