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The Bank of Korea cut its policy rate to 2.75% from 3%, its lowest since August 2022, in line with Reuters poll expectations. It lowered its 2025 growth forecast to 1.5% from 1.9%, citing weaker domestic demand, export growth and U.S. tariff policy.
A weaker growth outlook and rate cut point to softer Korean demand for imported feed ingredients and a weaker won that raises import costs.
cnbc.comLim Hui JieFeb 25, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
