Bank of Korea resumes rate cuts

Bank of Korea cuts rates to bolster growth, lowers GDP forecast
The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's fourth-largest economy from a restrictive monetary policy stance towards a neutral one to support growth.
Bank of Korea Cuts Interest Rates to 2.75% Amid Growth Concerns
The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 2.75% on Tuesday, marking the third rate cut in the current easing cycle. The move comes as policymakers shift focus to economic growth
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.
Bank of Korea cuts rates to 2.75%, as expected
The Bank of Korea lowered interest rates by a quarter of a percentage point on Tuesday, cutting rates for a third time in the current easing cycle as growth concerns take centre stage. The Bank of Korea (BOK) cut its benchmark interest rate to 2.
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.
BOK cuts key rate to 2.75% amid bleaker growth outlook
The Bank of Korea (BOK) on Tuesday sharply lowered its outlook for Korea's economic growth this year to 1.5 percent as the country is facing a political chaos and the Donald Trump
Bank of Korea resumes rate cuts as economic risks grow
The Bank of Korea lowered interest rates by a quarter of a percentage point on Tuesday, steering Asia's fourth-largest economy away from restrictive monetary policy towards a neutral stance amid mounting growth concerns.
Bank of Korea cuts rate to boost demand as Trump tariffs threaten exports
Bank of Korea lowered its seven-day repurchase rate by a quarter-percentage point to 2.75% on Tuesday. The move was forecast by all 22 economists polled by Bloomberg.
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
South Korea’s central bank cuts rate, growth outlook over tariff fears
South Korea’s central bank today slashed interest rates and its annual growth forecast as it looks to bolster the economy in the face of US tariffs and
Bank of Korea cuts rates to lowest since August 2022 to boost sluggish growth
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.
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Bank of Korea to cut rates by 25 bps on February 25 amid growth worries: Reuters poll
BENGALURU, Feb 21 (Reuters) - 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 ...
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Bank of Korea emphasizes need for further research on neutral interest rate
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 ...
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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.