#Latest news with #growthoutlookWall Street Journal3 days agoBusinessWall Street JournalBank of Korea Cuts Rates, Slashes 2025 Growth OutlookSouth Korea's central bank slashed its growth outlook for the year, cutting its policy rate in a widely expected move to support the country's sagging economy. Ending a pause in its easing cycle, the Bank of Korea lowered its benchmark seven-day repurchase rate by a quarter percentage point to 2.50% on Thursday.
Wall Street Journal3 days agoBusinessWall Street JournalBank of Korea Cuts Rates, Slashes 2025 Growth OutlookSouth Korea's central bank slashed its growth outlook for the year, cutting its policy rate in a widely expected move to support the country's sagging economy. Ending a pause in its easing cycle, the Bank of Korea lowered its benchmark seven-day repurchase rate by a quarter percentage point to 2.50% on Thursday.
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