LOGO
LOGO

Asian Economic News

Bank Of Korea Retains Key Rate; Lifts Growth Outlook

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024 lt

The Bank of Korea maintained its benchmark rate unchanged again on Thursday and retained its hawkish stance toward future policy as it upgraded the economic growth outlook on improving global factors and the easing of sluggish domestic demand. The Monetary Policy Board unanimously decided to hold the Base Rate at 3.50 percent. The rate has been kept unchanged for the eleventh consecutive session. ...

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19