FOREX TradingCharts.com

Financial News: Bank Of Korea Keeps Rate Unchanged

Bank Of Korea Keeps Rate Unchanged

07/09/2025 - 23:32:00 (RTTNews)

(RTTNews) - The Bank of Korea left its interest rate unchanged on Thursday citing risks associated with rising household debt and escalating trade tensions.

The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent.

The bank had previously reduced the benchmark rate by a quarter-point each in May and February.

"The Board will maintain its rate cut stance to mitigate downside risks to economic growth and adjust the timing and pace of any further Base Rate cuts while closely monitoring changes in the domestic and external policy environments and examining the resulting impact on inflation and financial stability," the bank said in a statement.

The board observed there is considerable uncertainty related to trade negotiations. The board also noted that risks associated with the housing market in Seoul and its surrounding areas and household debt increased.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Two-Year Note Auction Attracts Above Average Demand (09 min(s), 29 sec(s) ago)
(RTTNews) - The Treasury Department kicked off this week's series of announcements of the resu ...Full Story»

U.S. Consumer Confidence Index Edges Lower In August (03 hr(s), 01 min(s), 29 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Tuesday showing a modest deterioration by ...Full Story»

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected (03 hr(s), 12 min(s), 29 sec(s) ago)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story»

U.S. Durable Goods Orders Tumble Less Than Expected In July (04 hr(s), 36 min(s), 29 sec(s) ago)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story»

Hong Kong Trade Gap Widens In July (06 hr(s), 40 min(s), 29 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade deficit increased in July from a year ago as imports gre ...Full Story»

French Consumer Sentiment Weakest Since 2023 (07 hr(s), 59 min(s), 29 sec(s) ago)
(RTTNews) - France's consumer confidence weakened to the lowest level since October 2023 large ...Full Story»

Poland Jobless Rate Rises To 5-Month High (08 hr(s), 03 min(s), 29 sec(s) ago)
(RTTNews) - The unemployment rate in Poland increased further in July to the highest level in five ...Full Story»

Taiwan Industrial Output Grows Strongly; Retail Sales Fall Further (08 hr(s), 32 min(s), 29 sec(s) ago)
(RTTNews) - Taiwan's industrial production continued to expand sharply in July, while retail s ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Two-Year Note Auction Attracts Above Average Demand

08/26/2025 - 13:10 PM (RTTNews)
(RTTNews) - The Treasury Department kicked off this week's series of announcements of the resu ...Full Story>>

U.S. Consumer Confidence Index Edges Lower In August

08/26/2025 - 10:18 AM (RTTNews)
(RTTNews) - A report released by the Conference Board on Tuesday showing a modest deterioration by ...Full Story>>

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

08/26/2025 - 10:07 AM (RTTNews)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story>>

U.S. Durable Goods Orders Tumble Less Than Expected In July

08/26/2025 - 08:43 AM (RTTNews)
(RTTNews) - Reflecting a continued plunge by orders for transportation equipment, the Commerce Dep ...Full Story>>

Hong Kong Trade Gap Widens In July

08/26/2025 - 06:39 AM (RTTNews)
(RTTNews) - Hong Kong's foreign trade deficit increased in July from a year ago as imports gre ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.