Bank of Korea to cut rates by 25 bps
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.
Korea's household debt was 90.5 percent at the end of 2024, down 93.6 percent from 2023, according to a preliminary estimate.
The Bank of Korea remains in an easing cycle and authorities will review a variety of factors including the currency and ...
The unemployment rate in Korea fell sharply from 3.7% in December to 2.9% in January, well below the market consensus of 3.2% ...
The composite business sentiment index (CBSI) in all industries slipped 0.6 points over the month to 85.3 in February, ...
Economists surveyed by Bloomberg lowered their estimates for South Korea’s economic growth two weeks before the central bank ...
South Korea’s exports have lost momentum so far this month, dimming the 2025 outlook for an economy overshadowed by political ...
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