Back to today’s briefing

Story perspectives

Bank of Korea Holds Rates Amid Growth Forecast Upgrade

11/27/2025

46 7 Full Breakdown

Summary

Story summary

The Bank of Korea kept the policy rate at 2.5% for the fourth consecutive meeting, signaling an end to its rate-cut cycle.
The Bank of Korea raised its 2025 growth forecast to 1.0% and 2026 to 1.8%.
Governor Rhee Chang-yong said there is a split on further rate cuts due to housing risks.
The won strengthened slightly as inflation concerns and higher U.S. tariffs on exports persisted.

1 of 1

Story summary

The Bank of Korea kept the policy rate at 2.5% for the fourth consecutive meeting, signaling an end to its rate-cut cycle.
The Bank of Korea raised its 2025 growth forecast to 1.0% and 2026 to 1.8%.
Governor Rhee Chang-yong said there is a split on further rate cuts due to housing risks.
The won strengthened slightly as inflation concerns and higher U.S. tariffs on exports persisted.