A reported comment said policymakers saw a May increase as possible but refrained because the data were not sufficient to justify action.
Bank of Korea's Shin reportedly indicated that a May interest-rate increase was under consideration, but policymakers ultimately did not move because they lacked enough data to support the decision. The remark points to a still-data-dependent approach from South Korea's central bank, with incoming economic readings likely to remain central to the timing of any future policy tightening.