[Breaking] Hyun Song Shin: "Preemptive Response Is Important... It Minimizes the Cost to the Economy"

[Financial News] At a press briefing held after the Monetary Policy Board's decision on monetary policy direction on the 27th, Hyun Song Shin, governor of the Bank of Korea (BOK), said, "Preemptive action against rising prices can minimize the cost to the economy," adding, "A delayed response is like using a shovel to fix something that could have been handled with a hoe."

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