Bank of Korea has been economic concerns since August 2022, reduces growth forecast

South Korean Cut rates of the Central Bank The lowest points since August 2022 on Tuesday are trying to stimulate an economy.

Korea’s bank cuts from 3% to 2.75%, up to 3% in the expectations of the economists questioned by Reuters, in four meetings for the third time.

The Central Bank said the decision was reduced to the reduction in the descent of the economy, to “significantly reduce” to grow.

Bok, 2025 reduced the growth worldview from 1.9% to 1.9% in November, the restoration of domestic demand and the increase in exports, economic feeling and the deterioration of the US tariff policy is expected.

This admitted that there are still concerns about foreign exchange markets, but inflation was stabilized when the growth of households are slow.

Bok maintained 1.9% inflation forecast for 2025, and the main inflation worldview in November was reduced to 1.8%.

The decision continues to fight political uncertainty in the judiciary of South Korea, President Yoon Suk Yeed.

The country’s Constitutional Court will Call for the last meeting of Yoon Court Tuesday, according to local media.

Immediately after the price decision, the criterion of the country Cassapy The exchange index weakened 0.2% to trade 0.46%, South Korea in 1431.3 in US dollars.

CNBC’s “Squawk Box Asia“Alex Holmes said the Asian Research Director in the Asian Economist Intelligence Association, not slower shit, but also waiting for the ratios to be cut faster.

Bok was first worried about financial stability, as well as to re-investigate the housing market and domestic debtHowever, in December, the Battle of the Battle of the Battle of the Battle of the Law, South Korea’s sense of consumer and businesses in South Korea, said the balance of the risks is dragged towards the economy.

“It will be worried about supporting the economy and inflation, and these concerns about home debt will probably take a little back seat,” he said.

South Korean GDP Increase in the fourth quarter According to previous estimates, continuing the slowest expansion of 1.2% in six quarters, and missed expectations. Shit, slowed down and went to weakness in the construction sites.

The expansion of a properties of the US dollar and South Korea has not seen a meaningful bond capital, in the beginning of this month in a record in the country in the country, the financial industry and foreign capital flow.

Min Joo Kang, South Korea and Japanese chief economist, last week’s celebration of political aggregations in Seoul said that South Korea has gained more weakness.

He said inflation would remain in the target of 2% of shit, which will give more space to reduce the ratios between the Trump’s leadership. South Korean Inflation in January He rose to six months of 2.2%, but still close to 2% shit.

However, Kang, price cuts, warned that internal household debts and property prices can accelerate.