Economy News South Korea’s Central Bank Cuts A Key Rate To Nurse A Slower Economy

South Korea signals end to rate cuts as FX, price risks grow

South Korea's central bank kept interest rates unchanged for a fourth straight meeting on Thursday as a tumbling won reduced scope for further easing, signalling the bank could be nearing the end of ... Read More

South Korea’s Inflation Holds Steady, Dimming Rate Cut Prospects

South Korea’s consumer inflation held steady in November, giving the central bank more reason to stay cautious about monetary easing as authorities remain wary that a persistent property market rally ... Read More

Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility

South Koreas central bank kept its key interest rate unchanged on Thursday, maintaining a cautious stance as a sharply weakening won and cooling measures in the housing market limited room for further ... Read More

South Korea headline inflation at 2.4% y/y, bolstering case for rate pause

South Korea's consumer prices rose 2.4% in November from a year earlier, driven by higher food and services costs, bolstering the case for the Bank of Korea to maintain interest rates at the current ... Read More

Bank of Korea to hold rates at 2.50% on November 27, cut pushed to next quarter

The Bank of Korea will keep its key interest rate unchanged at 2.50% on Thursday as policymakers grapple with a volatile currency and an overheated housing market, according to a majority of ... Read More

Bank of Korea Board Members Cautious About Rate Cuts, Minutes Show

SEOUL (Reuters) -Most board members of South Korea's central bank expressed caution about further policy easing as they kept interest rates unchanged at their last meeting on October 23, minutes of ... Read More