# Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast

> 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.

- Date: 2025-02-25 · published 2025-02-25T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/26301-bank-of-korea-slashes-rates-to-lowest-since-august-2022-on-economic-worries
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker growth outlook and rate cut point to softer Korean demand for imported feed ingredients and a weaker won that raises import costs.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2025/02/25/bank-of-korea-cuts-rates-to-lowest-since-august-2022.html

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