Bank of Korea Cuts Key Rate

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.
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 rates to lowest since August 2022 as the country struggles with growth slowdown
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.
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.
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.
Bloomberg Daybreak Asia: Bank of Korea Cuts Key Rate
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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 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
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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 ...
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S. Korea's central bank cuts rate, growth outlook over tariff fears
South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...