South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...

The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia ...

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...

The South Korean economy — Asia's fourth largest — grew less than expected in the final three months of 2024 as Yoon's martial ... the direction of the US Federal Reserve's monetary policy ...

The Bank of Korea (BOK) on Tuesday sharply lowered its outlook for Korea's economic growth this year to 1.5 percent as the ...

The reduction marks the third since the BOK began trimming borrowing costs from a 15-year high in October, leaving Korean rates around 150 basis points beneath the U.S. Federal Reserve's target ...

South Korea's central bank on Tuesday cut its policy rate by a quarter percentage point on the back of a dimmer growth ...

The BOK's rate reduction decision widened the gap between the key rates of South Korea and the United States to maximum 1.75 ...

Asia’s fourth-largest economy expanded less than expected in the final three months of 2024 as Yoon’s martial law ... the direction of the US Federal Reserve’s monetary policy,” it added.

The reduction is the third since the BOK started cutting borrowing costs from a 15-year high in October, positioning Korean rates around 150 basis points below the US Federal Reserve's target ...