##{"id":51744,"date":"2006-06-08T18:46:08","date_gmt":"2006-06-08T08:46:08","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2006\/06\/08\/south-korean-growth-seen-to-be-peaking\/"},"modified":"2006-06-08T18:46:08","modified_gmt":"2006-06-08T08:46:08","slug":"south-korean-growth-seen-to-be-peaking","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2006\/06\/08\/south-korean-growth-seen-to-be-peaking\/","title":{"rendered":"South Korean Growth Seen To Be Peaking"},"content":{"rendered":"<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Although the Bank of Korea is maintaining its &quot;generally hawkish&quot; policy stance, Alliance Bernstein strategist Anthony Chan feel South Korean growth is likely to peak this year. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">This view is supported by &quot;softer than anticipated&quot; April production and domestic demand data, Chan says.<\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">This now puts Alliance Bernstein&#8217;s 5% GDP growth forecast in a position of downside risk, he adds, with production activity seen as peaking, output seems to be decelerating and consumption is also moderating. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Furthermore, with South Korea&#8217;s external balance deteriorating further in April, the strategist says it reinforces his view that fundamentals underpinning the KRW\/USD exchange rate are weakening.<\/font><\/p>\n<\/p>\n<p>By Terry Hughes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contrary to the Bank of Korea&#8217;s policy stance, Alliance Bernstein feels South Korean growth is peaking.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51744"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=51744"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51744\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=51744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=51744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=51744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}