Bank of Korea governor says there won't be any surprise interest rate adjustmentsUpdated: 2014-05-04 20:24:26 (KST)
Korea won't see any surprise interest rate adjustments in the near future, Bank of Korea Governor Lee Ju-yeol said Sunday.
Governor Lee spoke to the press during an Asian Development Bank meeting in Astana, Kazakhstan, where he emphasized that he will proceed with a monetary policy that does not create confusion in the market.
He expressed this by saying he wouldn't put his left blinker on and then turn right.
Lee explained that if, for example, there were a need for an interest rate adjustment in six months time, he would offer a signal two or three months before that.
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