Bank of Korea board members open to near-term rate cut, see headwinds from US policies -minutes
A voting board member, Shin Sung-hwan, who dissented in the Bank of Korea's decision to keep policy rates unchanged in ...
South Korea has a big household debt problem. The country's unique rental system may be to blame
A particular metric that often, if not always comes up in the Bank of Korea’s monetary policy decision is a consideration of ...
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Bank of Korea links exchange rate surge to 0.1% inflation rise, predicts slowdown
Last month, the consumer price inflation rate rose back to the 2% range for the first time in five months. The Bank of Korea ...
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Bank of Korea develops 5th global semi-structural macroeconomic model
Our country has become the fifth nation in the world to have a large-scale semi-structural macroeconomic model. Utilizing ...
S.Korea's economy barely grows in Q4 as political crisis jolts 2025 outlook
South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts ...
Officials launch investigation into cause of Air Busan fire in South Korea
South Korean officials are launching an investigation into the cause of the fire that engulfed an Air Busan passenger plane, ...
Bank of Korea holds interest rates steady amid domestic, U.S. policy uncertainties
A dissenting vote in the Bank of Korea's decision to keep policy rates steady in January has brought attention to the ...
Political Crisis Hits South Korea Growth: Central Bank
South Korea's economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout from ...
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Korea's foreign reserves hit five-year low as local currency weakens
Korea's foreign reserves fell from a month earlier to reach the lowest level in nearly five years amid the weak local ...
EconoTimes13d
South Korea’s Q4 2024 GDP Growth Misses Expectations Amid Political Crisis
South Koreas economy barely expanded in Q4 2024, with GDP growing just 0.1% quarter-on-quarter, missing the 0.2% forecast, ...
Philippine Daily Inquirer13d
Political crisis hits South Korea growth — central bank
Seoul, South Korea — South Korea’s economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached Pres ...
The Korea Times5d
BOK warns of growing US stock market volatility, policy uncertainty
Bank of Korea (BOK) Deputy Gov. Ryoo Sang-dai made the comment during a meeting meant to check the market situation after the Federal Reserve decided to hold the benchmark interest rate steady on ...