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South Korea makes first back-to-back rate cuts since 2009

by pulseadmin November 29, 2024, 3:29 am 100 Views

South Korea‘s central bank cut benchmark interest rates for a second straight meeting on Thursday in a surprise move as the economy stalled and inflation slowed more than policymakers predicted.

The Bank of Korea (BOK) lowered its benchmark interest rate by a quarter percentage point to 3.00% at…

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South Korea makes first back-to-back rate cuts since 2009

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Written by pulseadmin

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