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
Bank of Korea cuts its base rate by 25bp, to 2.75%, as expected
- The rate cut from the Bank of Korea was expected
