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SEOUL, Feb 2 Asia Pulse - The Bank of Korea (BOK) will take preemptive measures to keep possible inflationary pressures in check, South Korea's top central banker said Monday.
"The central bank will carry out its monetary policy this year so that any buildup in inflationary pressures may be tackled preemptively," BOK Gov. Park Seung told a meeting of senior central bank officials.
Inflationary pressures are likely to build up in the second half of the year in tandem with rises in corporate capital spending and private consumption, he said.
Park said the country's economic growth rate is expected to rise above 5 per cent this ...