Bank of Korea Gov. Lee Ju-yeol arrives for a press conference in Seoul, South Korea, Thursday, July 12, 2018. South Korea’s central bank has cut its forecast on the country’s economy, citing mounting uncertainties from the U.S.-China trade battle. Bank of Korea said Thursday it lowered its growth outlook on Asia’s fourth-largest economy to 2.9 percent this year, compared with its earlier forecast of 3 percent growth.
Bank of Korea Gov. Lee Ju-yeol arrives for a press conference in Seoul, South Korea, Thursday, July 12, 2018. South Korea’s central bank has cut its forecast on the country’s economy, citing mounting uncertainties from the U.S.-China trade battle. Bank of Korea said Thursday it lowered its growth outlook on Asia’s fourth-largest economy to 2.9 percent this year, compared with its earlier forecast of 3 percent growth. Lee Jin-man AP Photo
Bank of Korea Gov. Lee Ju-yeol arrives for a press conference in Seoul, South Korea, Thursday, July 12, 2018. South Korea’s central bank has cut its forecast on the country’s economy, citing mounting uncertainties from the U.S.-China trade battle. Bank of Korea said Thursday it lowered its growth outlook on Asia’s fourth-largest economy to 2.9 percent this year, compared with its earlier forecast of 3 percent growth. Lee Jin-man AP Photo

South Korea’s central bank cuts outlook on trade battle

July 12, 2018 01:58 AM