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Bank of Korea keeps interest rate at 2.50% to control debt and cool housing market.
The Bank of Korea (BOK) has maintained its interest rate at 2.50%, aiming to balance the economy's recovery with financial stability concerns.
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.
Analysts anticipate further rate cuts by the end of 2025 or early 2026.
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El Banco de Corea mantiene la tasa de interés en 2.50% para controlar la deuda y enfriar el mercado inmobiliario.