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Bank Of Korea Keeps Rates Steady

Bank Of Korea Keeps Rates Steady

The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point each in May and February.
RTTNews | 17h 1min ago
South Korea Consumer Prices Unchanged In June

South Korea Consumer Prices Unchanged In June

Consumer prices in South Korea were flat on a seasonally adjusted monthly basis in June, Statistics Korea said on Wednesday - in line with expectations after slipping 0.1 percent in May.
RTTNews | 9 days ago
South Korea Consumer Sentiment Strengthens In June

South Korea Consumer Sentiment Strengthens In June

South Korea's consumer confidence strengthened to a four-year high in June on improving domestic economic conditions, survey data from the Bank of Korea showed on Tuesday. The consumer sentiment index advanced to 108.7 in June from 101.8 in the previous month. This was the highest score in four years. The sub-index measuring future domestic economic situation surged 16 points to 107 in June.
RTTNews | 16 days ago
South Korea GDP Shrinks 0.2% In Q1

South Korea GDP Shrinks 0.2% In Q1

South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said on Thursday.
RTTNews | 36 days ago