Interest Rate
Imagem gerada por IA
Bank of Korea holds key rate steady amid weak won
Reportado por IA Imagem gerada por IA
South Korea's central bank decided to keep its benchmark interest rate at 2.5 percent during a monetary policy meeting in Seoul on January 15. This marks the fifth consecutive hold since July, driven by a weakened won and inflation concerns that limit further easing. BOK Governor Rhee Chang-yong emphasized a data-driven approach, leaving room for potential rate cuts in the next three months amid high uncertainty.
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