Bank of Korea cuts interest rates for the fourth time in bid to bolster growth

cnbc.com/2025/05/29/south-korea-central-bank-cuts-interest-rates-.html

South Korea's central bank cut its policy interest rate by 25 basis points Thursday as the country faces a double-whammy of protracted political turmoil and Trump's sweeping tariffs.
The Bank of Korea reduced rates to 2.5% from 2.75%, its lowest level since August 2022, in line with…

This story appeared on cnbc.com, 2025-05-29 01:10:52.
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