neutral
5 days agoBank of Korea keeps key rate unchanged at 2.50%, flags caution on further cuts
The Bank of Korea (BOK) decided to hold its benchmark interest rate at 2.50% on November 27, maintaining this level for the fourth consecutive meeting. The central bank cited worries about a weakening won and rising inflationary pressures. It revised up growth and inflation forecasts for 2025 to 1.0% and 2.1% respectively. BOK indicated scope for future rate moves depends on currency and price pressure evolution, ending the prior easing bias.
Reuters• By Pooja Kumari
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neutral
5 days agoBank of Korea keeps key rate unchanged at 2.50%, flags caution on further cuts
The Bank of Korea (BOK) decided to hold its benchmark interest rate at 2.50% on November 27, maintaining this level for the fourth consecutive meeting. The central bank cited worries about a weakening won and rising inflationary pressures. It revised up growth and inflation forecasts for 2025 to 1.0% and 2.1% respectively. BOK indicated scope for future rate moves depends on currency and price pressure evolution, ending the prior easing bias.
Reuters• By Pooja Kumari
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1 min read
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South Korea’s central bank kept rates at 2.50% and signalled that future cuts are unlikely soon amid FX and inflation risks.
The Bank of Korea (BOK) decided to hold its benchmark interest rate at 2.50% on November 27, maintaining this level for the fourth consecutive meeting. The central bank cited worries about a weakening won and rising inflationary pressures. It revised up growth and inflation forecasts for 2025 to 1.0% and 2.1% respectively. BOK indicated scope for future rate moves depends on currency and price pressure evolution, ending the prior easing bias.
The Bank of Korea (BOK) decided to hold its benchmark interest rate at 2.50% on November 27, maintaining this level for the fourth consecutive meeting. The central bank cited worries about a weakening won and rising inflationary pressures. It revised up growth and inflation forecasts for 2025 to 1.0% and 2.1% respectively. BOK indicated scope for future rate moves depends on currency and price pressure evolution, ending the prior easing bias.
Nov 27, 2025 • 07:29