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 resumes rate cuts as economic risks grow
SEOUL: The Bank of Korea lowered interest rates by a quarter of a percentage point on Tuesday (Feb 25), steering Asia's fourth-largest economy away from restrictive monetary policy towards a neutral stance amid mounting growth concerns.
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 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 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.
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.
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.
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 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
Bank of Korea committee debates interest rate freeze amid exchange rate risks
Bank of Korea committee debates interest rate freeze amid exchange rate risks Bank of Korea weighs risk of currency volatility while considering monetary policy changes
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South Korea cuts interest rates, lowers growth forecast amid economic pressures
South Korea's central bank on Tuesday slashed interest rates and downgraded its annual growth forecast, citing economic concerns stemming from US trade tariffs and the fallout from President Yoon Suk ...
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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.