South Korea's economy narrowly expanded in the third quarter as consumer spending picked up,...
S.Korea’s Central Bank Makes First Rate Cut since 2022 in Light of Cooling Inflation
The Bank of Korea (BOK) has reduced its benchmark interest rate by 25 basis...
S.Korea’s Consumer Inflation Cools Higher Than Expected, Prompting Speculation of Policy Easing
South Korea saw a milder-than-expected cooling of consumer inflation in September, falling below the...
S.Korea FinMin Emphasizes Demand Recovery over Household Debt
On Wednesday, South Korea’s Finance Minister Choi Sang-mok announced that the main focus for...
Bank of Korea Signals Readiness for Rate Cut amid Economic Challenges
The Bank of Korea opted to maintain its interest rates at 3.50% on Thursday,...
BOK Governor Signals a Delay in Rate Decision
South Korea's central bank governor Rhee Chang-yong stated with reporters in Washington on Thursday...