# Outlook for KRW and treasury bonds: Fed rate cut should boost the won | articles | ING THINK

> ING analysts expect a Fed rate cut of 25 or 50 basis points in September to benefit the Korean won. They see only modest won appreciation over the next year, with financial markets as the primary driver and Korean Treasury bond issuance rising sharply in 2025.

- Date: 2024-09-12 · published 2024-09-12T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/28547-outlook-for-krw-and-treasury-bonds-fed-rate-cut-should-boost-the-won-articles
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

The forecast of modest won strength implies little change in Korean import costs for feed ingredients, so the impact on feed prices is limited. The note is a currency and bond outlook rather than a supply or demand event.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- think.ing.com: https://think.ing.com/articles/outlook-for-krw-ktb-treasury-bonds-fed-cut-should-boost-won/

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