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Bank of Korea to cut rates by 25 bps on February 25 amid growth worries: Reuters poll

Summary by Channel News Asia
BENGALURU : The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which barely grew last quarter, according to economists polled by Reuters who expected a further 50 points of easing this year.After unexpectedly holding its policy rate steady

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Channel News Asia broke the news in Singapore on Friday, February 21, 2025.
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