South Korea central bank cuts interest rates amid growing pressure...

Dununu.com Dununu

Patrocinado

South Korea central bank cuts interest rates amid growing pressure from Trump's tariff war

RSS Feed Business

Postado

124

South Korea's central bank has lowered interest rates to bolster its export-driven economy, responding to pressures from the US tariff war. The Bank of Korea also significantly reduced its annual growth forecast to 0.8 percent, reflecting rising global uncertainties and lower-than-anticipated first-quarter growth. This rate cut brings lending rates to their lowest level since October 2022.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

Can online comments be considered crime in UAE? Woman fined AED 30,000 for offensive messages

A woman in Abu Dhabi was ordered to pay Dh30,000 in moral damages after sending abusive messages...

Por 0 1

Anupam makes rare appearance with grandson Nirvair

Anupam Kher returned to the director’s chair after a long hiatus with his latest film Tanvi...

Por 0 4

Adnan Sami on why he roped in Govinda for Lift Karadey song

Adnan Sami revealed the spontaneous creation of Govinda's cameo in 'Lift Karadey.' Govinda, at...

Por 0 4

India’s energy milestone: Half of power capacity now from non-fossil sources; clean energy capacity driven by developers

India has achieved 50% of its power generation capacity from non-fossil fuels, surpassing its...

Por 0 4

The deportation dilemma: How America’s immigration overreach threatens its educational ethos

Por 0 6