Bank of Korea seen holding rates this week, but cuts expected soon

April 15, 2025
-FXnews

The Bank of Korea is expected to keep its benchmark interest rate steady at 2.75% at its April 17 meeting, according to a Reuters poll of economists.

Of the 37 surveyed, 24 anticipate no change, while 13 foresee a 25 basis point cut.

This would mark the second pause since the central bank began easing rates in October, with policymakers now assessing the economic fallout from U.S. President Trump’s tariff actions and recent currency market volatility

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