The week will begin with South Korea’s monetary policy decisions and on 25 February with policy rate Outlook. Bloomberg has expected the Bank of Korea to resume its comfort cycle in the week of Asia to support the struggling economy. According to Bloomberg’s estimates, “We hope that the Bank of Korea will cut the 25 basis points from 25 basis points to 2.75%, resuming its relaxation cycle in the form of economic risks.”
Australia CPI will be released on 26 February. Australia’s January CPI report is likely to show headline inflation, but the Reserve Bank of Australia’s 2% -3% target band is remaining in the band.
Tokyo CPI Report, Tokyo Inflation Gauge and Japan ended with industrial production. Tokyo’s February CPI report is likely to continue the speed of inflation.
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