Bank of Korea to hold base rate at 3.5%, may cut by end of year- Reuters poll

BENGALURU  – The Bank of Korea will opt to support a rapidly slowing economy by holding its main interest rate at 3.5 percent on Tuesday, according to a Reuters poll of economists that showed a slim majority now expect a 25-basis-point cut by the end of 2023. Policymakers at the BoK, who have raised rates … Continue reading Bank of Korea to hold base rate at 3.5%, may cut by end of year- Reuters poll