Monetary Policy Committee member B also supported a 0.25 percentage point cut, saying, "The need for a rate cut has increased due to the accumulated impact of sluggish domestic demand, while the risk ...

Lee Chang-yong, governor of the Bank of Korea, said, "All six members of the Monetary Policy Committee should leave open the possibility of lowering the benchmark interest rate to a level lower than 2 ...

The Bank of Korea (BOK) decided to keep the benchmark rate unchanged in the Monetary Policy Committee on January 8. Accordingly, South Korea’s benchmark rate will stay fixed at 2.00 percent. The rate ...

According to the financial market on the 19th, a number of market experts predicted that the Monetary Policy Committee would freeze the key interest rate at the current level of 3.5% per year. The ...

At the October Monetary Policy Committee meeting, 5 out of 6 committee members expressed the opinion that it would be appropriate to maintain the interest rate for the next three months, which means ...

The Monetary Policy Committee (MPC) of the Bank of Korea (BOK) has decided to maintain the benchmark interest rate at 3.50 percent annually. This marks the fifth consecutive freeze following similar ...

According to the Bank of Korea, the three Northeast Asian countries of South Korea, China, and Japan are working on a regular meeting among their monetary policy committees so that information and ...

"Implicitly assuming exchange rate will align with fundamentals by February" (Seoul=Yonhap Infomax) Yo Been Noh = JP Morgan has stated that although the Bank of Korea's Monetary Policy Committee (MPC) ...