BOK's surprise rate cut shows the bank is prioritizing South Korea's slowing economy: Morgan Stanley
Kathleen Oh, Morgan Stanley's chief Korea and Taiwan economist, explains what's behind the Bank of Korea's decision to cut interest rates for a second straight meeting.
South Korea's Central Bank Cuts a Key Rate to Nurse a Slower Economy
South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated
South Korea makes surprise rate cut as Trump trade risks loom
South Korea's central bank delivered a surprise interest rate cut on Thursday and signaled more to come, as economic growth faltered and policymakers turned a wary eye to trade risks from a second Donald Trump presidency.
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts
South Korea’s central bank unexpectedly cut its policy rate for a second straight time and lowered its growth forecasts for the country as it looks to step up support for the sagging economy.
Bank of Korea cuts benchmark lending rate by 25 basis points in a surprise move
South Korea's central bank on Thursday cut its benchmark interest rate by 25 basis points to 3% in a surprise move. Economists polled by Reuters had estimated the bank to hold rates at 3.25%. This is the second straight cut as the Bank of Korea lowered rates by 25 basis points in its last meeting in October as well.
VIEW Bank of Korea unexpectedly cuts rates for second straight meeting
South Korea's central bank unexpectedly cut interest rates by 25 basis points to 3.00% on Thursday, delivering its first back-to-back cuts since the global financial crisis of 2008-2009.
BOK surprises with key rate cut amid economic slowdown, weak exports
Korea’s central bank lowered its key interest rate by 0.25 percentage points to 3 percent on Thursday, defying the majority of market expectations that it would keep the rate unchanged.
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