The Bank of Korea decided to keep its benchmark interest rate steady on Thursday,...
BOK May Pause Rate Cut as Inflation Unexpectedly Surge
South Korea's inflation rate startled markets with an unexpected rise in March, driven by...
S.Korea Inflation Eases in February, Supporting Prospects for Further Rate Cuts by Central Bank
In February, South Korea experienced a slowdown in consumer inflation for the first time...
S.Korea Slashes Interest Rates as Economic Slows Down and Political Uncertainty Looms
In an effort to energize a sluggish economy, South Korea's central bank has trimmed...
South Korea Monetary Board Urges Prompt Response to Economic Slowdown
Minutes released on Tuesday revealed that South Korea's central bank officials emphasized the importance...
Bank of Korea Hits the Lower Deck with Surprise Back-to-Back Rate Cuts
In an unexpected move, the South Korean central bank went for back-to-back cuts on...