SEOUL  – South Korea’s central bank held interest rates steady for a third meeting on Thursday, as expected, after a 1-1/2-year-long tightening cycle and as both inflation and economic growth eased. The Bank of Korea announced its seven-member monetary policy board voted to keep its policy rate unchanged at 3.5 percent, without elaborating. Governor Rhee … Continue reading Bank of Korea holds fire again on rates, trims growth forecast