Financial News: Korea Rate Decision Due On Thursday

Korea Rate Decision Due On Thursday

05/28/2025 - 18:03:00 (RTTNews)

(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.

Australia will release Q1 numbers for capital expenditure, with forecasts suggesting an increase of 0.5 percent on quarter following the 0.2 percent decline in the previous three months.

Japan will see May results for its household confidence index, with forecasts suggesting a score of 31.8 - up from 31.2 in April.

Finally, the markets in Indonesia are closed on Thursday for Ascension Day and will re-open on Friday.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Russia Central Bank Cuts Rate By 100 Bps (11 min(s), 29 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»

Eurozone GDP Growth Accelerates To 0.6% (23 min(s), 29 sec(s) ago)
(RTTNews) - The euro area economic growth doubled in the first quarter on household spending, inve ...Full Story»

Eurozone Retail Sales Rise Marginally In April (25 min(s), 29 sec(s) ago)
(RTTNews) - Eurozone retail sales grew only marginally in April as growth in food and auto fuel tu ...Full Story»

India Slashes Policy Rates By Bigger Than Expected 50 Bps; Shifts Stance To Neutral (36 min(s), 29 sec(s) ago)
(RTTNews) - The Reserve Bank of India lowered its interest rates by a sharper-than-expected 50 bas ...Full Story»

Romania GDP Rises More Than Estimated In Q1 (01 hr(s), 34 min(s), 29 sec(s) ago)
(RTTNews) - Romania's economic growth eased less than initially estimated in the first quarter ...Full Story»

Estonian Inflation Remains Stable At 4.5% (02 hr(s), 19 min(s), 29 sec(s) ago)
(RTTNews) - Estonia's consumer price inflation held steady in May after a slight increase in t ...Full Story»

Norway Industrial Output Rebounds 2.1% (02 hr(s), 29 min(s), 29 sec(s) ago)
(RTTNews) - Norway's industrial production expanded in April after falling in the prior month, ...Full Story»

German Industrial Output Drops; Exports Fall (02 hr(s), 35 min(s), 29 sec(s) ago)
(RTTNews) - German industrial production declined more than expected in April as the temporary boo ...Full Story»