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Minutes of the Monetary Policy Board Meeting(November 2018)

Monetary Policy Board Secretariat (02-759-4146) 2019.01.15 2439

The majority of members shared the opinion that, in overall consideration of the domestic and international financial and economic environments, it would be desirable to raise the Base Rate by 0.25 percentage points for the intermeeting period.

However, Dr. Cho, Dongchul and Dr. Shin, Inseok expressed clear opposition to the idea of raising the Base Rate by 0.25 percentage points and argued for keeping it at its current level.