Monetary Policy Board

E221468

The Monetary Policy Board is the top decision-making body of the Bank of Korea responsible for setting the country’s key interest rates and overall monetary policy.

All labels observed (1)

Label Occurrences
Monetary Policy Board canonical 3

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf central bank decision-making body
monetary policy committee
aimsAt financial stability
price stability
sustainable economic growth
appliesToJurisdiction South Korea
country South Korea
surface form: Republic of Korea

South Korea
decisionType collective decision-making
interest rate decisions
monetary policy stance decisions
hasAuthorityOver base rate of the Bank of Korea
policy rate corridor in South Korea
hasRole interest rate setting body
monetary policy authority
top decision-making body of the Bank of Korea
hasScope nationwide monetary policy in South Korea
headquartersLocation Seoul
South Korea
industry central banking
monetary policy
influences economic activity in South Korea
exchange rate conditions in South Korea
inflation in South Korea
interest rate structure in South Korea
jurisdiction domestic monetary policy of South Korea
legalForm statutory body
meetsFor extraordinary monetary policy meetings
regular monetary policy meetings
oversees Bank of Korea’s monetary operations
implementation of monetary policy guidelines
parentOrganization Bank of Korea
partOf Bank of Korea
regulates liquidity conditions in South Korea
money market conditions in South Korea
reportsTo Bank of Korea
surface form: Bank of Korea Governor
responsibleFor formulating monetary policy of South Korea
implementing monetary policy of South Korea
maintaining price stability in South Korea
setting the base interest rate of South Korea
stabilizing the financial system in South Korea
subjectTo Bank of Korea
surface form: Bank of Korea Act
usesInstrument open market operations
policy interest rate
reserve requirement ratio
standing deposit facilities
standing lending facilities

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bank of Korea hasDivision Monetary Policy Board
Bank of Korea governingBody Monetary Policy Board
BOK governedBy Monetary Policy Board