Markets

The Bank of Korea stuns markets by cutting rates

South Korea’s central bank, the Bank of Korea (BoK), stunned financial markets on Thursday by cutting interest rates to a record-low level of 1.25%. It’s the first time the BoK has eased policy since June 2015. Only 4 of 23 economists polled by Thomson Reuters were expecting a policy easing […]
The Bank of Korea stuns markets by cutting rates