MNI BOK Preview - May 2025: BOK to Cut
May-28 04:15By: Jamie Grant
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The BOK to cut rates by 25bps this week whilst tempering expectations for further cuts given:
- contraction in Q1 GDP
- CPI manageable and in line with target with expectations it could moderate further.
- whilst exports have rebounded, ongoing tariff concerns cloud the outlook.
- currency and equity markets have rebounded strongly providing good back drop for rates move.
