Bank of Korea says they expect growth to slow

I posted earlier on the bellwether Dr. Copper

• Goldman Sachs cuts copper price forecast: 3 mth target 6500/ton (from 7300)

South Korea, too, is often seen as indicator for global economic strength (or not).

Bank of Korea with these comments (Headlines via Reuters) … not alarming, just a reminder of some slowing ahead

• Growth could be slower than projections made earlier
• South Korea investment will slow
• South Korean exports to sustain growth
• Headline inflation to gradually pick up
• To watch monetary policies abroad, geopolitical risks
• South Korean household debt growth exceeded rate seen in previous yrs
• To watch future economic growth and inflation trends
• South Korean job market sluggish

Comments from the BoK on their monetary policy decision today (base rate unchanged)