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FLKR / South Korea Ups Rates, Predicts Economic Recovery

South Korea Ups Rates, Predicts Economic Recovery
The Bank of Korea delivered back-to-back interest rate hikes and forecasts further aggressive increases to bring consumer inflation down from 13-year highs. The country's central bank announced Thursday that it will raise the Base Rate by 25 basis points, to 1.75% from 1.5%, the highest since mid-2019. Read More
Posted: May 26 2022, 20:16
Author Name: ETF Trends
Views: 082373

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ETFs to Watch as South Korea Avoids Recession

By Zacks Investment Research
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ETFs to Watch as South Korea Avoids Recession

After posting sluggish growth in Q1 of 2023, the fourth-largest Asian economy barely managed to avoid a recession. With an IMF forecast of 1.5% growth more_horizontal

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The Franklin FTSE South Korea ETF is a smaller, less commonly covered ETF that tracks the performance of mid/large cap stocks in South Korea. South Ko more_horizontal

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The South Korean economy slowed significantly during the second half of 2022, with GDP contracting by 0.4% quarter-on-quarter (q/q) in the fourth quar more_horizontal

Keep an Eye on South Korea ETF FLKR

By ETF Trends
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Keep an Eye on South Korea ETF FLKR

U.S. investors may be wary of domestic equities right now, and they'd have good reason, given how overvalued they are. Market watchers in the U.S. more_horizontal

South Korea Ups Rates, Predicts Economic Recovery

By ETF Trends
May 26, 2022

South Korea Ups Rates, Predicts Economic Recovery

The Bank of Korea delivered back-to-back interest rate hikes and forecasts further aggressive increases to bring consumer inflation down from 13-year more_horizontal


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