BOK’s Lee: Will respond appropriately to drastic worsening in economic conditions

The Bank of Korea (BOK), the South Korean central bank, Governor Lee Ju-yeol is on the wires now, via Reuters, speaking at a bi-annual review of inflation.

Key Quotes:

2019 inflation seen falling short of its 1.1% forecast set in April.

Inflation to recover gradually but at slower pace than expected.

Will respond appropriately to drastic worsening in economic conditions.