Bank of Korea Cuts Rates to Record Low in Bid for Recovery
Lee Ju-yeol, governor of the Bank of Korea (BOK), hits a gavel as he starts a monetary policy meeting in Seoul, South Korea. (Photographer: SeongJoon Cho/Bloomberg)

Bank of Korea Cuts Rates to Record Low in Bid for Recovery

(Bloomberg) -- The Bank of Korea cut rates to a record low and forecast the first economic contraction since the Asian financial crisis, but stopped short of offering clarity on what future steps i...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.