Tag Archives: Korean Won
Bank of Korea to hold rates, first cut expected in Q4
Key points: The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on May 23, marking the 11th consecutive meeting with no change. The BOK is expected to maintain this rate through the next quarter, with a half-point cut anticipated in Q4 2024, following expected policy easing from other central banksContinue Reading