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South Korea’s central bank cuts its key interest rate by a quarter percentage point to 2.5%, marking its fourth cut since October, and sharply lowered its 2025 growth forecast to 0.8%, nearly halving the previous projection of 1.5% announced in February after a monetary policy meeting. Share prices rise following the report, with the Kospi gaining 1.7%.
2025-05-29

The Bank of Korea cuts its growth forecast and expects the country's GDP to shrink 1.3% this year. It would be South Korea's worst performance since the height of the Asian financial crisis in 1998.
2020-08-27

The Bank of Korea raises interest rates for the first time in more than six years by lifting borrowing costs to 1.50 percent from 1.25, citing economic recovery.
2017-11-30

A UK regulatory agency, the Financial Conduct Authority announces plans to cap the interest rates that can be set by payday lenders, as well as their default charges.
2014-07-15

Stock markets in Asia and Australia continue to rebound after the United States Federal Reserve promises to keep interest rates near zero for two years. [https:--www.cnbc.com-id-44082079 (CNBC)]date=August 2019
2011-08-10

The South Korean Central Bank raises its benchmark interest rate by 25 basis points to 3.25 percent.
2011-06-10

The Australian dollar reaches new 29-year highs against the US dollar due to higher than expected inflation figures sparking predictions of higher interest rates.
2011-04-27

The Bank of Korea increases the main interest rate in South Korea by a quarter percentage point to 3% due to concerns over inflation.
2011-03-10

The Bank of Japan lowers interest rates in Japan to a range of between 0 and 0.1%.
2010-10-5