Market News
Bank of Korea to hold rates at 2.75% on April 17, assessing trade impact: Reuters poll
By Veronica Dudei Maia Khongwir
BENGALURU, April 15 (Reuters) - The Bank of Korea will keep its key interest rate unchanged at 2.75% on Thursday, according to a Reuters poll of economists who expect the central bank to resume reductions in May.
If realized, this will be the central bank's second hold since it began its rate-cutting cycle in October. The previous hold was in January, when it paused to assess the impact of domestic political turmoil on the economy.