S. Korea's central bank cuts rate, growth Outlook

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.
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.
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 from President Yoon Suk Yeol's brief declaration of martial law last year.
BOK’s Rhee Signals More Rate Cuts as Trump’s Tariffs Take Shape
Bank of Korea Governor Rhee Chang-yong signaled more policy easing to come this year as the central bank cut its benchmark ...
No Rate Cut Expected At Next Fed Decision On March 19
No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.
Citi upgrades Indian stocks to 'overweight' on rate cut prospects, limited trade impact
Citigroup upgraded Indian stocks to "overweight" from "neutral" on Monday, citing improving consumer sentiment, further rate ...
Interest Rate Cuts on Hold Until Inflation Improves, Fed Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic ...
BOE policymaker Dhingra says gradual rate cuts would be a drag on economy
In her first public comments since she and Catherine Mann voted for a half-point rate cut on Feb 6, Dhingra said consumer ...
Fed Expectations Don’t Budge After Minutes. Next Rate Cut Seen in July.
The market’s expectations for the Federal Reserve’s next move on interest rates held steady after the publication of minutes ...
Massachusetts gas bills to see temporary 10% cut
It looks like some natural gas customers in Massachusetts will be getting back a little more than 5% on their gas bills ...
ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports
European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest ...