Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast

People walk past the Korea Exchange (KRX) building in Seoul, South Korea, on Dec. 9, 2024. The Bank of Korea cut rates to 2.75% from 3%, hitting …

​People walk past the Korea Exchange (KRX) building in Seoul, South Korea, on Dec. 9, 2024. The Bank of Korea cut rates to 2.75% from 3%, hitting …    Read More