Get Ready For South Korea Quantitative Easing in 2017Mark Melin
South Korea Quantitative Easing coming? As Japan wrestles with negative interest rates and government debt at astronomical levels – nearly 229.30% debt to GDP -- South Korea looks at its trading partner and eyes quantitative easing in loving fashion. In fact, an October 27 Morgan Stanley report thinks Asia’s 4th largest economy – China and Japan are numbers one and two respectively – might get serious with central bank stimulus in 2017.
South Korea Quantitative Easing could drop interest rates by 75 basis points in 2017 . . .
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