Bank of Korea resumes rate cuts

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 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.
Korean central bank cuts key rate as growth prospects dim
Central bank slashes 2024 growth outlook to 1.5%, pricing in Trump’s tariff threats The Bank of Korea delivered a 0.25 percentage point rate cut Tuesday to spur the economy, while slashing its growth forecast for this year to 1.
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.
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.
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 economy in the face of US tariffs and the fallout
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.
South Korea’s central bank cuts interest rates to 2.75% despite inflation risks
South Korea’s central bank has lowered its benchmark interest rate to 2.75%, the lowest level since August 2022, to revive a sluggish economy facing political uncertainty. The Bank of Korea (BOK) announced the 25-basis-point cut on Tuesday,

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