Time for Bank of Korea to cut rates, Moody's says

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SEOUL, Sept. 30 (Yonhap) -- South Korea's central bank needs to swiftly cut its key interest rates to stimulate the domestic economy and shield itself from fallout emanating from the U.S.

BOK sees high inflation, slowing growth in H2

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SEOUL, Sept. 30 (Yonhap) -- South Korea's central bank said Tuesday that domestic inflation will remain high during the second half on a weaker won despite recent retreats in oil prices.

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