S.Korea c.bank holds interest rates steady for 3rd mth
SEOUL, Jan 11 (Reuters) - South Korea's central bank held interest rates steady for a third consecutive month on Friday, as expected, to assess the effect from two cuts last year and as analysts expect another policy easing soon.
The Bank of Korea's monetary policy committee held its base rate steady at 2.75 percent, a media official said without elaborating. Governor Kim Choong-soo is due to hold a news conference from 11:20 a.m. (0220 GMT).
Seventeen out of the 22 analysts surveyed by Reuters had predicted no change in the rate, with the remaining five seeing a cut. Still, a total of 15 analysts including the five forecast a reduction by June.
(Reporting by Christine Kim; Editing by Choonsik Yoo)
SEOUL, Jan 11- South Korea's central bank held interest rates steady for a third consecutive month on Friday, as expected, to assess the effect from two cuts last year and as analysts expect another policy easing soon. The Bank of Korea's monetary policy committee held its base rate steady at 2.75 percent, a media official said without elaborating.