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flag Bank of Korea keeps interest rate at 2.50% to control debt and cool housing market.

flag The Bank of Korea (BOK) has maintained its interest rate at 2.50%, aiming to balance the economy's recovery with financial stability concerns. flag Despite a 0.2% economic contraction in the first quarter and rising US tariffs, the BOK prioritized controlling household debt and cooling the overheated Seoul housing market, where prices surged 19% annually. flag Analysts anticipate further rate cuts by the end of 2025 or early 2026.

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