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Reuters

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Business & Economics

Analysis-Trade war pressures South Korea to cut rates faster and deeper

Reuters
Summary
Nutrition label

78% Informative

Bank of Korea was expected to make two quarter -point cuts in the benchmark interest rate for the remainder of the year .

The global market meltdown and drastic changes to the outlook brought on by tariffs now mean the bank's next cut could come as soon as next week .

South Korea was slapped with a 25% tariff on exports to the United States , among the highest imposed on a security ally.

VR Score

90

Informative language

97

Neutral language

45

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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