Bank of Korea Cuts Key Rate
Bank of Korea lowers base interest rate to 2.75% amid economic challenges
On the 25th, the Monetary Policy Committee of the Bank of Korea lowered the base interest rate by 0.25 percentage points to 2.75% per year. After consecutively lowering the rate in October and November of last year and freezing it once last month,
Channel NewsAsia Singapore · 2d
Bank of Korea resumes rate cuts as economic risks grow
SEOUL: The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday (Feb 25), steering Asia's fourth-largest economy from a restrictive monetary policy stance towards a neutral one to support growth.
Business Times · 3d
Bank of Korea signals more rate cuts as Trump’s tariffs take shape
BANK of Korea governor Rhee Chang-yong signalled more policy easing to come this year as the central bank cut its benchmark interest rate to support an economy jolted by political turmoil and threatened by Donald Trump’s tariff plans.
Reuters · 7d
Bank of Korea to cut rates by 25 bps on February 25 amid growth worries: Reuters poll
The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which barely grew last quarter, according to economists polled by Reuters who expected a further 50 points of easing this year.
Nikkei Asia · 3d
Bank of Korea cuts key rate, meeting market expectations
SEOUL -- South Korea's central bank cut its key interest rate by one quarter of a percentage point to 2.75% on Tuesday amid projections of weak growth in Asia's fourth-largest economy. The decision was in line with expectations. Of 36 economists polled by Reuters from Feb. 14 to Feb. 20, all but one predicted a rate decrease of 25 basis points.
EconoTimes · 7d
Bank of Korea Expected to Cut Interest Rates Amid Economic Slowdown
The Bank of Korea (BOK) is widely expected to cut its key interest rate by 25 basis points to 2.75% on Tuesday to support South Koreas sluggish economy. A Reuters poll of 36 economists found that all but one anticipate
Since the end of last year, the Bank of Korea's interest rate cut cycle has begun, and interest has focused on the 'neutral interest rate,' which can gauge the final interest rate ...
US President Donald Trump's threats to overturn the global trading system also present huge challenges; exports account for ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results