Bank of Korea Maintains Base Interest Rate at 3.50% for Ninth Consecutive Year

Bank of Korea freezes base interest rate at 3.50% for 9 consecutive yearsLee Chang-yong “It’s hard to get away in the first half of the year.”The growth rate of private consumption is expected to be 1.6% this yearOne member of the Monetary Policy Committee was of the opinion that the rate should be reduced within … Continue reading Bank of Korea Maintains Base Interest Rate at 3.50% for Ninth Consecutive Year