MNI BRIEF: BOK Keeps Policy Rate at 2.50%: PRESS
Oct-23 01:04By: Hiroshi Inoue
Bank of Korea+ 1
The Bank of Korea on Thursday kept its base interest rate unchanged at 2.50% for a third consecutive meeting, as expected, adopting a wait-and-see stance amid concerns over an overheated real-estate market, according to Yonhap News Agency.
The Bank said it would closely monitor economic and inflation trends ahead of its next policy meeting on Nov 27, with many board members maintaining a bias toward easing.
Economists expect the policy rate to decline to 2.25% in the first quarter of 2026. (See MNI BOK WATCH: Board Likely To Hold, Nov Rate Cut Eyed)
