South Korea's central bank plans to lower interest rates to stabilize the economy amid uncertainties.

South Korea's central bank plans to lower interest rates further in 2025 to address political uncertainties and economic risks. The Bank of Korea aims to control inflation and stabilize the economy, especially with consumer prices at their lowest in 45 months. The bank will also enhance its early warning systems to manage financial market volatility amid geopolitical risks and new economic policies.

December 25, 2024
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