MNI BOK WATCH: Board To Cut On Q1 GDP Contraction Concerns

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May-27 07:10By: Hiroshi Inoue
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The Bank of Korea is widely expected to cut its Base Rate by 25 basis points to 2.5% this Thursday to prevent further economic deterioration following Q1's GDP contraction, observers told MNI. The central bank is also likely to downgrade its GDP gro...