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Bank of Korea cuts its base rate by 25bp, to 2.75%, as expected

Bank of Korea cuts its base rate by 25bp, to 2.75%, as expected

Central Banks
By Eamonn Sheridan
25/02/2025 | 00:51 GMT
  • The rate cut from the Bank of Korea was expected

Bank of Korea cuts its benchmark interest rate by 25bp, to 2.75%.

  • From 3%.

Bank of Korea forecasts:

  • sees 2025 GDP at 1.5%
  • sees 2026 GDP at 1.8%
  • sees 2025 inflation at 1.9%
  • sees 2026 inflation at 1.9%

more to come

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