There's no real chance of a further hike in interest rates from the Bank of Korea: Goldman Sachs

An investment banker says a cut in interest rates is likely in the fourth quarter.

There's no real chance of a further hike in interest rates from the Bank of Korea: Goldman Sachs

Goohoon Kwon from Goldman Sachs, Seoul economist, said that "a lot of people expect the Bank of Korea will cut rates in the Fourth Quarter." "I believe it's probable."