South Korea's central bank stood pat on rates Thursday. That makes it nine months in a row of unchanged rates.
The Bank of Korea held its base rate steady at 2.50 percent in a widely expected move. But the central bank is expected to start raising interest rates as soon as the third quarter of this year. That's because inflation will likely heat up on the back of sustained economic growth.
The BOK will also keep an eye on China's economic growth and how global markets react to the Fed's stimulus reduction.
A deeper slowdown in China could deal a sharp blow to South Korea because it sends about a quarter of its exports to China.
Source: CCTV
