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Economy And The Numbers

Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook.

The Monetary Policy Board decided to hold the Base Rate at 2.50 percent.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.