Bank of Korea Governor Rhee Chang-yong warned that the country’s demographic crisis could spawn a cycle of fiscal inefficiency with the government relying increasingly on populist steps such as cash ...

South Korea’s potential growth rate could drop to near zero by the 2040s if the country’s record-low birthrate persists, Bank ...

(Bloomberg) -- Bank of Korea Governor Rhee Chang-yong signaled more policy easing to come this year as the central bank cut its benchmark interest rate to support an economy jolted by political ...

(Bloomberg) — Bank of Korea Governor Rhee Chang-yong pushed back against mounting speculation of an interest-rate cut later this month as he called for swift fiscal stimulus to shore up a sputtering ...

SEOUL: Bank of Korea (BoK) governor Rhee Chang-yong says economic growth may be closer to 2.2% this year in a downgrade from a previous projection, as policymakers keep a watchful eye on the ...

If any top Asian central bank is having a dreadful 2025, it's South Korea's.Between slowing growth, surging household debt, Chinese deflati ...

The Bank of Korea’s rate cut decision was unanimous ... especially in times of great uncertainty. Also, Governor Rhee noted that the BoK's current assumptions on monetary policy aren’t ...

SEOUL (Reuters) - The Bank of Korea cut interest rates by 25 basis ... expected to hurt exports and lead to weaker growth," Governor Rhee Chang-yong said at a press conference after the rate ...

January 16, 2025 Bank of Korea governor says resolving political turmoil key for economy South Korea's central bank governor said on Thursday that the most important factor determining the health ...

Bank of Korea (BOK) Governor Rhee Chang-yong and other monetary policymakers decided to lower the benchmark seven-day repurchase rate by 25 basis points to 2.75 percent. It was in line with market ...