# Full text of BOK statement on monetary policy decision in Feb. | Yonhap News Agency

> The Bank of Korea cut its base rate by 25 basis points to 2.75% on February 25, 2025. The board cited downside growth risks, slowing household debt growth, and U.S. tariff policy, and it said the global economy faces heightened uncertainty.

- Date: 2025-02-25 · published 2025-02-25T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/26300-full-text-of-bok-statement-on-monetary-policy-decision-in-feb-yonhap-news-agency
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Lower Korean rates widen the interest rate gap with the US, which tends to weaken the won and raise the local cost of dollar-priced feed imports such as corn, soybean meal and DDGS.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20250225005700320

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.