Bank of Korea Gov. Shin Hyun-song delivers opening remarks at the BOK International Conference in Seoul on June 1. [YONHAP]
Bank of Korea (BOK) Gov. Shin Hyun-song said Monday the country's strong economic growth gives the central bank greater room to focus on curbing inflation in monetary policymaking, signaling a hawkish stance.
"The growth is very strong here in Korea," Shin said during a dialogue session with Isabel Schnabel, a member of the Executive Board at the European Central Bank, during the BOK International Conference held in Seoul.
Related Article
"First-quarter growth is super strong, especially when measured in terms of gross domestic income rather than gross domestic product."
