BOK unlikely to get ahead of the curve to cut rates before US Fed: KED economists

The KED Economists Club cited higher property prices, elevated household debt and the difficulty to move before the Fed as key constraints

Bank of Korea Gov. Rhee Chang-yong speaks during a press conference after the central bank cut its policy rate by 25 bps to 2.55% on May 29, 2025
Bank of Korea Gov. Rhee Chang-yong speaks during a press conference after the central bank cut its policy rate by 25 bps to 2.55% on May 29, 2025
Jin-gyu Kang 3
2025-08-25 17:35:06 joseph@hankyung.com
Central bank

The Bank of Korea will likely leave its policy rate unchanged at 2.5% at Thursday’s rate review meeting due to concerns over financial stability, elevated household debt and the difficulty of cutting rates ahead of the US Federal Reserve.
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