Bank of Korea Holds Fire but Dim Economic View Cements Bets for More Rate Cuts
SEOUL (Reuters) – South Korea’s central bank left interest rates steady on Friday even as it trimmed growth and inflation projections, underlining a cautious view on the economy in the face of global risks and cementing market bets for more policy easing next year. The Bank of Korea’s policy board held the base rate steady at 1.25% having cut …
News story posted on 2019-11-29T04:54:00.0000000Z
