Bank of Korea Eyes Rate Cuts
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preemptive interest rate cutsReuters
•Business
Business & Economics
Bank of Korea minutes suggest another interest rate cut imminent

79% Informative
Most of the Bank of Korea's board members assessed headwinds to South Korea's economy were growing faster than expected.
The BOK 's seven -member board on April 17 held the benchmark interest rate at 2.75% as expected at its monetary policy review.
The bank signaled it would cut rates in May to cope with "significant" risks from U.S. President Donald Trump 's sweeping tariff policy.
VR Score
91
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99
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30
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English
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61
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