bank of korea - Search News

Bank of Korea Cuts Key Rate

Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast

The Bank of Korea cut rates to 2.75% from 3%, hitting its lowest since August 2022. This was the third rate cut in four meetings, and in line with with expectations from economists polled by Reuters.

The Wall Street Journal on MSN · 22h

Bank of Korea Cuts Rate, Lowers Growth Forecast

South Korea’s central bank cut its base rate and lowered its growth forecast for this year, as it resumed easing to support a sagging economy.

Bloomberg L.P. · 21h

Bloomberg Daybreak Asia: Bank of Korea Cuts Key Rate

Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.

23h

Asia markets open lower as Trump tariffs dent sentiment; Bank of Korea rate decision on tap

The Bank of Korea is expected to cut rates by 25 basis points in its meeting later in the day, according to a Reuters poll.

Yonhap News Agency1h

(EDITORIAL from Korea Herald on Feb. 26)

The central bank's move came after it froze the rate in January to gauge the impact of the two rate cuts made in October and November last year. The one-month pause also reflected concerns about the ...

Hosted on MSN4d

Korea's household debt moderates, yet gov't wary of potential resurgence

Korea's household debt was 90.5 percent at the end of 2024, down 93.6 percent from 2023, according to a preliminary estimate.

Some results have been hidden because they may be inaccessible to you

Show inaccessible results

Bank of Korea Cuts Key Rate

Trending now