Bank of Korea cuts rates to lowest since August 2022 as the country struggles with growth slowdown

The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.

Feb 24, 2025 - 17:00
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Bank of Korea cuts rates to lowest since August 2022 as the country struggles with growth slowdown
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.

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