Bank of Korea Unleashes Surprise Rate Cut as Trade Risks Grow
Lee Ju-yeol, governor of the Bank of Korea (BOK), attends a monetary policy meeting in Seoul. (Photographer: SeongJoon Cho/Bloomberg)

Bank of Korea Unleashes Surprise Rate Cut as Trade Risks Grow

(Bloomberg) -- The Bank of Korea unexpectedly cut its benchmark interest rate as it slashed economic growth and inflation forecasts, joining a growing number of central banks acting to shore up the...
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