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South Korea Central Bank Holds Rate at 3.50% as Oil Jumps Bank of Korea held the policy rate at 3.50% on Apr 10, 2026; Brent crude rose >4% and imported inflation now poses an elevated short-term CPI risk.

South Korea Central Bank Holds Rate at 3.50% as Oil Jumps: Bank of Korea held the policy rate at 3.50% on Apr 10, 2026; Brent crude rose >4% and imported inflation now poses an elevated short-term CPI risk. 👈 Read full analysis #SouthKorea #BankofKorea #InterestRates #OilPrices #Inflation

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Bank of Korea Holds Rate at 2.50% on April 10 Bank of Korea to hold rate at 2.50% on April 10 after a Reuters poll of 31 economists; oil prices have risen >50% since the Iran escalation, raising imported inflation risks.

Bank of Korea Holds Rate at 2.50% on April 10: Bank of Korea to hold rate at 2.50% on April 10 after a Reuters poll of 31 economists; oil prices have risen >50% since the Iran escalation, raising imported… 👈 Read full analysis #BankOfKorea #InterestRate #EconomicUpdate #Inflation #OilPrices

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South Korean Won Weakens, Pension CEO Flags Action NPS chief flagged won weakness on Mar 30, 2026; NPS manages ~$1.0tn and Bank of Korea reserves were ~ $430bn, signaling potential policy moves.

South Korean Won Weakens, Pension CEO Flags Action: NPS chief flagged won weakness on Mar 30, 2026; NPS manages ~$1.0tn and Bank of Korea reserves were ~ $430bn, signaling potential policy moves. 👈 Read full analysis #SouthKorea #WonWeakness #PensionFunds #BankOfKorea #EconomicPolicy

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Bank of Korea Flags Financial-Stability Risks BOK’s March 26, 2026 report says system 'broadly stable' but warns Iran conflict could amplify risks; report flags household leverage and property exposure.

Bank of Korea Flags Financial-Stability Risks: BOK’s March 26, 2026 report says system 'broadly stable' but warns Iran conflict could amplify risks; report flags household leverage and property… 👈 Read full analysis #BankOfKorea #FinancialStability #EconomicRisk #HouseholdLeverage #PropertyExposure

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South Korea’s presidential office says BIS economist Shin Hyun-song has been named governor of the Bank of Korea. #SouthKorea #BankofKorea

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Bank of Korea injects $3.3bn in fresh notes ahead of Lunar New Year Over the 10 working days to February 13, the central bank supplied KRW5.03 trillion in currency to commercial banks and other financial institutions, while withdrawing KRW273.5bn.

Over the 10 working days to February 13, the central bank supplied KRW5.03 trillion in currency to commercial banks and other financial institutions, while withdrawing KRW273.5bn. Bne IntelliNews #BankOfKorea #LunarNewYear #CentralBank #CurrencySupply #FinancialInstitutions

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AI is upon us. So why is Korea still fixated on rote-learning? Bae Hyun-jin (not her real name), 46, is an activist who openly opposes South Korea’s private education culture. Yet she carries a secret. She currently spends

As the #AI era takes shape, albeit at an early stage, many Korean parents & #students find themselves #disoriented. In 2023, the #BankofKorea warned that high-income #professions such as medicine, law & accountancy were highly #vulnerable to AI #disruption. www.koreaherald.com/article/1066...

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South Korea’s inflation cools to five-year low Consumer prices rose 2.1% over the year, marginally above the Bank of Korea’s 2% target but well down from the peaks seen earlier in the decade, according to official data.

Consumer prices rose 2.1% over the year, marginally above the Bank of Korea’s 2% target but well down from the peaks seen earlier in the decade, according to official data. Bne IntelliNews #SouthKorea #Inflation #ConsumerPrices #Economy #BankofKorea

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According to the report of #BankofKorea, even if the U.S. eases its tariff policies, the #USA-#China competition is likely to persist, and China is expected to continue diversifying its export destinations. @asiapacific.bsky.social www.asianpacificcenter.org/yonhap-news-...

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BOK Poised to Hold Rates as Housing Heat and Weak Won Stir Caution - South Korea’s central bank is set to keep interest rates steady as a soft currency, rising home prices, and persistent inflation delay...

BOK Poised to Hold Rates as Housing Heat and Weak Won Stir Caution
wiobs.com/bok-poised-t...
#SouthKorea #BankOfKorea #InterestRates #Inflation #EconomicPolicy #KoreanWon #HousingMarket #MonetaryPolicy #GlobalEconomy

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#GüneyKore #MerkezBankası #AltınAlımı #AltınRezervi #Ekonomi #Finans #KüreselPiyasalar #Gold #BankOfKorea #SafeHaven #GlobalEconomy

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Bank of Korea holds rates at 2.50% as inflation nears target Investing.com -- The Bank of Korea kept its benchmark interest rate steady at 2.50% on Thursday, a decision that was anticipated by most market analysts. The central bank’s move was in line with expectations, with 27 out of 35 analysts surveyed by LSEG correctly predicting the hold decision. Inflation in South Korea appears to be moderating, with headline Consumer Price Index (CPI) rising 2.1% year-over-year in July, just slightly above the Bank of Korea’s 2.0% target. Analysts expect inflation to remain close to this target level through the rest of 2025. The combination of expected weaker economic growth and subdued energy prices is likely to keep price pressures contained in the coming months, suggesting the central bank may still have room for additional rate cuts in its current easing cycle. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

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Bank of Korea expects ’significant’ economic shock even after US trade deal SEOUL (Reuters) -South Korea’s central bank expects a "significant" economic shock from higher U.S. tariffs even after a trade deal, it said on Thursday, citing comparably steeper tariff hikes versus rival exporters and high exposure to product-specific duties. "Despite a comparably successful negotiation, the average tariff rate the U.S. imposes on our country rose greatly to around 15%, from zero tariffs under the previous Korea-U.S. Free Trade Agreement," the Bank of Korea (BOK) said in a report. "Therefore, a significant shock is expected for the domestic economy highly dependent on U.S.-bound exports," it said. The BOK estimated the impact of U.S. tariff policies on economic growth at a negative 0.45 percentage point and 0.60 percentage point for this year and next year, respectively, reflected in its annual growth projections of 0.9% for 2025 and 1.6% for 2026. In late July, Seoul reached a trade deal with President Donald Trump that set U.S. tariffs on imports from the Asian ally at 15%, lower than the previous threat of 25% but higher than the baseline 10% that had been in place. Compared with Trump’s earlier tariff threats in April, South Korea was granted a tariff cut that was the ninth-biggest among 50 major exporters to the U.S., the BOK said, based on its estimates of changes in average tariff rates. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. South Korea’s previous free trade agreement with the U.S. and its high exposure to hefty U.S. tariffs on imports of automobiles and steel products contributed to the steeper increase, according to the BOK. Successful investors know to check multiple angles before making their move. InvestingPro's three powerful features work together to give you that edge: ProPicks AI runs 80+ stock-picking strategies, including Tech Titans, which doubled the S&P 500's performance in just 18 months! Fair Value combines 17 proven valuation models to help you spot overpriced stocks and undervalued gems. And WarrenAI delivers instant insights on any stock. Ask questions, get vetted answers backed by real-time data (unlike ChatGPT). Our subscribers use all three to identify stocks before double-digit gains and avoid costly mistakes. But with 50% during our Summer Sale, even if you only use one of these features the value pays for itself. Sale ends soon—don't wait until prices go back up.

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Bank of Korea expected to hold rates in August, cut in October: BofA Investing.com - The Bank of Korea is likely to maintain its current interest rate at its August meeting before implementing a rate cut in October, according to Bank of America analysts. BofA cited several factors supporting a hold decision in August, including improving economic sentiment and progress in the US-Korea deal, despite South Korea’s growth rate remaining below its trend growth. The bank also noted caution over housing prices as another reason for the central bank to delay rate cuts. The financial institution emphasized that while a hold is expected in August, the overall monetary easing path remains unchanged, with more monetary policy committee members—potentially all of them—likely to be open to cutting rates in the coming three months. BofA forecasts another interest rate cut in the first half of 2026, with the terminal rate expected to reach 2%, especially as the Federal Reserve continues its own easing cycle. The bank’s analysis suggests that while immediate easing may be delayed, the Bank of Korea remains on track for monetary policy loosening in the near term, with October representing the next likely opportunity for a rate reduction. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stocks should you consider in your very next trade? Successful investors know to check multiple angles before making their move. InvestingPro's three powerful features work together to give you that edge: ProPicks AI runs 80+ stock-picking strategies, including Tech Titans, which doubled the S&P 500's performance in just 18 months! Fair Value combines 17 proven valuation models to help you spot overpriced stocks and undervalued gems. And WarrenAI delivers instant insights on any stock. Ask questions, get vetted answers backed by real-time data (unlike ChatGPT). Our subscribers use all three to identify stocks before double-digit gains and avoid costly mistakes. But with 50% during our Summer Sale, even if you only use one of these features the value pays for itself. Sale ends soon—don't wait until prices go back up.

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Bank of Korea board members saw more interest rate cuts necessary, minutes show SEOUL (Reuters) -Board members of South Korea’s central bank said there was a need to lower interest rates and cited U.S. trade talks as a key factor to consider for the pace and timing of further cuts, at their latest meeting on July 10, minutes showed on Tuesday. The Bank of Korea kept its benchmark interest rate unchanged at 2.50% at the meeting, but a majority of board members signalled another rate cut in the next three months and warned of "significant" economic uncertainty from U.S. tariffs. "Uncertainty surrounding the future growth trajectory remains significantly high, particularly due to trade negotiations with the United States," one member said, arguing the board should maintain an accommodative policy stance to support weak growth. One member concurred by saying "it is time to consider an additional rate cut", while another member said "the need for base rate cuts still remains". Board members cited developments in the country’s trade talks with the U.S. as a key factor for the future policy path, as South Korean officials scramble to try to clinch a deal that reduces tariffs. South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.

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Bank of Korea to cut rates two more times in 2025: BofA Investing.com - The Bank of Korea (BOK) maintained its monetary policy rate at 2.50% during its meeting on July 10, continuing its steady stance on interest rates. BofA economists Benson Wu and Ting Him Ho forecast that the Korean central bank will likely implement two rate cuts in the second half of 2025 as their base scenario for monetary policy adjustments. The economists noted that an earlier rate cut remains possible, specifically stating that if housing prices in Seoul and surrounding regions stabilize in the coming weeks, a rate reduction could occur as soon as the August meeting. Financial markets are currently pricing in approximately 11 basis points of cumulative rate cuts for the remainder of 2024, indicating expectations for modest monetary easing before year-end. The central bank’s decision comes as policymakers continue to balance economic growth considerations against other factors including housing market stability in the capital region. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

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Asia-Pacific markets trade mixed as investors assess Bank of Korea rate decision, fresh Trump tariffs - CNBC Asia-Pacific markets trade mixed as investors assess Bank of Korea rate decision, fresh Trump tariffs  CNBC

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Bank of Korea to pause easing in July amid household debt surge: Reuters poll By Rahul Trivedi BENGALURU (Reuters) -The Bank of Korea will pause its easing cycle on Thursday but is expected to resume interest rate cuts next month to support economic growth in a country burdened by high household debt, a Reuters poll of economists suggested. Government data showed home-backed mortgage loans rose by 5.6 trillion won ($4.1 billion) in May, accelerating from a 4.8 trillion won increase in April. That uptick is likely to deter the central bank from delivering back-to-back rate cuts even as it remains on an overall easing path. "There is a need to be cautious about the possibility of housing market and household debt-related risks increasing again," central bank board monetary policy board member Kim Jong-hwa said on June 25. All 33 economists polled July 1–7 expected the BOK to hold its base rate at 2.50% on July 10. "A pause in July is not really a special thing. Financial stability and housing market concerns were always under consideration when the BOK was conducting monetary policy," Stephen Lee, chief economist at Meritz Securities, said. "The only thing ... that seems a little bit different this time is that home prices in Seoul have recently surged and that has caused mortgage loans to rise," he added. Even after 100 basis points of cuts since late last year, the minutes of the May meeting showed board members saying it was necessary to continue easing monetary policy to support economic growth. With the economy contracting 0.2% in the first three months of the year and inflation largely stable at around 2%, a significant majority of economists - 22 of 31 - expect the BOK to lower the policy rate by 25 basis points to 2.25% by the end of this quarter. However, views diverged on where rates will end the year. Just over half of economists, or 16 of 31, saw the policy rate at 2.25%, while 13 said rates would fall to 2.00% by end-2025. Two expected it to remain unchanged at 2.50%. "The combination of lackluster growth and contained price pressure will encourage further policy support," Jennifer Kusuma, senior rate strategist at ANZ, said. "We expect the BOK’s policy messaging to keep the door open for further easing and continue to see scope for a further 25 bps rate cut this year, taking the policy rate to 2.25%." A slowing economy and the lack of progress on a trade deal with the United States are likely to weigh on the outlook. The poll showed economists reduced their 2025 growth forecast to 0.9% from 1.3% expected in April, aligning with the central bank’s projection of 0.8%. Inflation was expected to average 2.0% this year and ease slightly to 1.9% in 2026. "The prolonged uncertainty will surely dampen the already weak domestic demand growth, companies will likely adopt wait-and-see mode before finalising their investment plans," Kelvin Lam, senior economist at Pantheon Macroeconomics, said. "If trade talks with the U.S. turn sour, then there will be a higher chance of rates going to 2.00% by end of this year." ($1 = 1,367.7 won)

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South Korea Stock Rally Sparks Crypto Stablecoin Boom South Korea’s stock surge, led by Kakao Pay and LG CNS, ties to the new president’s won‑backed stablecoin push…

🚨LATEST: South Korea’s stock surge, led by Kakao Pay and LG CNS, ties to the new president’s won‑backed stablecoin push… #BankofKorea #Crypto #KimYongbeam

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Bank of Korea board member expresses financial stability concerns SEOUL (Reuters) -A board member of South Korea’s central bank on Wednesday expressed concern about financial stability risk stemming from rising household debt. "There is a need to be cautious about the possibility of housing market and household debt-related risks increasing again," said Kim Jong-hwa, a member of the Bank of Korea’s seven-seat monetary policy board. Kim emphasised that the central bank should coordinate policy with the government to prevent any increase in financial instability amid its monetary easing cycle. Last month, the BOK lowered interest rates for a fourth time in the current easing cycle and said it was necessary to continue to ease monetary policy to support economic growth, but with caution over associated risks. The country’s household borrowing from banks increased in May by the biggest amount since September 2024, as house prices in capital Seoul rose sharply, raising concerns about an overheated property market. On stablecoins, the BOK said there were potential risks to financial stability and the broader economy, so it will cooperate with the government to ensure that its new regulations are designed in a way that minimises the risks.

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Bank of Korea to lower interest rates cautiously, minutes show SEOUL (Reuters) -Board members of South Korea’s central bank said it was necessary to continue easing monetary policy to support economic growth, but with caution over associated risks, minutes of their May 29 policy meeting showed on Tuesday. One member "emphasised the importance of assessing the risks associated with further rate cuts and calibrating the pace accordingly," citing instability in housing prices. Another member concurred, saying "a well-calibrated policy mix is needed, combining continued monetary easing with focused fiscal and financial measures aimed at supporting the vulnerable sectors". Members noted that changes in U.S. tariff policies and monetary policy adjustments, as well as domestic economic policies under a new administration should be considered when determining the extent of any further rate cuts. Last month, the Bank of Korea lowered interest rates by 25 basis points to 2.50% in a unanimous decision, a week before a snap presidential election won by liberal candidate Lee Jae Myung. Lee, who has argued for expansionary fiscal policy to boost domestic demand, plans to introduce a second supplementary government budget of the year on Thursday, after a 13.8 trillion won ($10.12 billion) budget passed in May. ($1 = 1,363.2000 won) Should you invest $2,000 in 024110 right now? ProPicks AI are 6 model portfolios created by Investing.com which identify the best stocks for investors to buy now. The stocks that made the cut could produce monster returns in the coming years. Is 024110 one of them?

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Bank of Korea chief says excessive rate cuts could cause price upswing in property markets SEOUL (Reuters) -South Korea’s central bank governor said on Thursday "excessive" policy interest rate cuts could cause another round of price upswings in the property market and increase volatility in currency markets, although the domestic economy remains sluggish. "If we rely too much on economic stimulus policies out of urgency, there may be greater side effects later on. For example, if we cut the base interest rate excessively, there is a high risk that it will lead to a rise in real estate prices," Governor Rhee Chang-yong said in a speech prepared for the bank’s 75th anniversary. His comments come after the bank flagged more rate cuts to come on the day it trimmed borrowing costs by a quarter percentage point to 2.5% on May 29, to reflect the impact of the U.S. trade tariffs and tepid domestic consumption. The widely expected rate cut, the fourth in the current easing cycle, came as the newly elected President Lee Jae-myung geared up for major stimulus measures including this year’s second extra budget to boost growth. "The gap between domestic and foreign interest rates may widen further as the U.S. Federal Reserve adjusts the pace of its interest rate cuts, and uncertainty surrounding the results of trade negotiations with major countries may increase, leading to increased volatility in the foreign exchange market," Rhee said in the speech. Which stock should you buy in your very next trade? With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

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Bank of Korea cuts policy rate to 2.5%, signaling growth concerns Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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Bank of Korea sees auto, steel, chip exports falling when tariffs hit SEOUL (Reuters) -South Korea’s exports of automobiles, steel and semiconductors are expected to fall as the impact of U.S. President Donald Trump’s tariffs take effect later this year, the central bank said on Thursday. Weaker car exports will drag down South Korea’s exports by 0.6%, and U.S.-bound exports by 4.0%, posing the biggest risk, the Bank of Korea projected in a report, adding automakers so far have responded to 25% U.S. tariffs with existing stocks. Steel products are also estimated to lower the country’s exports by 0.3%, with a decline of 1.4% in U.S.-bound shipments, as 25% tariffs on the sector start to weigh from the third quarter after a time lag in shipments, the central bank said. The BOK saw semiconductors lowering the country’s exports by 0.2%, assuming 10% U.S. duties on the sector, although there have so far been positive effects from advance orders ahead of Trump’s planned tariffs.

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Bank of Korea to cut rate on May 29, more easing ahead: Reuters poll Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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Bank of Korea minutes suggest another interest rate cut imminent SEOUL (Reuters) -Most of the Bank of Korea’s board members assessed headwinds to South Korea’s economy were growing faster than expected, a factor that would warrant more interest rate cuts, minutes from last month’s meeting showed on Wednesday. "With economic growth this year expected to fall short of previous forecasts due to the economic slowdown, the need for preemptive interest rate cuts is growing," one of the seven board members said, according to the minutes from the bank’s April 17 rate review. The BOK’s seven-member board on April 17 held the benchmark interest rate at 2.75% as expected at its monetary policy review and signaled it would cut rates in May to cope with "significant" risks to the economy from U.S. President Donald Trump’s sweeping tariff policy. A majority of economists surveyed by Reuters expect the BOK to lower the benchmark interest rate to 2.25% by the end of the third quarter of this year as shifting U.S. tariff policy fuels fears of a global recession and threatens to sharply curtail exports out of Asia’s fourth-largest economy. The BOK next reviews policy interest rates on May 29.

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Bank of Korea chief says volatility in FX market to continue, Yonhap reports SEOUL (Reuters) -South Korea’s central bank chief said currency volatility will likely continue for some time amid uncertainties in the global economy and domestic politics, the Yonhap news agency reported on Tuesday. "It is still too early to say whether the currency exchange rate has hit the bottom," Bank of Korea Governor Rhee Chang-yong was quoted as saying, referring to the Korean won’s value against the U.S. dollar. Rhee also said the BOK will likely have to cut the growth forecast and lower lending rates to boost the economy, according to the report. He made the remarks during a meeting with reporters accompanying him to the annual meeting of the Asian Development Bank in Milan on Monday. South Korea has been dealing with a leadership vacuum amid months of political turmoil which saw the Korean won weaken. Rhee said it was a "difficult week" for South Korea, the report said, referring to the current political situation one month before the snap presidential election on June 3. Former Prime Minister Han Duck-soo and former Finance Minister Choi Sang-mok resigned last week and Han entered the presidential race brought about by the ousting of former President Yoon Suk Yeol over his short-lived imposition of martial law in December. "It was a difficult week as we had to provide an explanation on the current situation in South Korea, which is seen as a developed country from the outside," Rhee said, according to the report. South Korean and U.S. officials held their first round of trade talks in Washington last month as Seoul pushes to cut a deal that could curb the impact of U.S. tariffs on vital sectors like the auto industry. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?

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Bank of Korea likely to cut rates in April despite weak won – ING Investing.com-- The Bank of Korea (BoK) is likely to cut interest rates this month despite mounting pressure from a weakening currency, ING analysts said in a note. South Korea’s jobless rate unexpectedly rose to 2.9% in March, while private sector hiring remained sluggish, suggesting fading support from government job programs. ING noted that the labor market outlook and slowing growth justify further monetary easing, even as the won trades at its weakest level since 2009. Although a weaker currency complicates the BoK’s policy response, ING sees a slightly higher probability of a rate cut in April than in May. The KRW’s recent weakness is now more globally driven, unlike in January when political turmoil was the main factor, said analysts "A second possible scenario is the BoK staying on hold in April, but with clear hints of a cut in May," analysts wrote. ING also flagged global tariff uncertainty, delays in fiscal support, and political instability as key downside risks to the economy.

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Original post on mastodon.social

"The #BankOfKorea has released a comprehensive report on the potential impacts of climate change on domestic financial institutions. The report, published on March 18, outlines the results of a top-down climate change stress test conducted on banks and insurance companies, revealing that […]

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