Bank of Korea cuts its benchmark interest rate by 25bp, to 2.75%.

• From 3%.

Bank of Korea forecasts:

• sees 2025 GDP at 1.5%
• sees 2026 GDP at 1.8%
• sees 2025 inflation at 1.9%
• sees 2026 inflation at 1.9%

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.

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