# Bank of Korea eyes rate cut after US Fed's historic pivot - The Korea Herald

> Following the Fed's 50 basis point cut, the Bank of Korea may follow with its own easing, though household debt and the real estate market are constraints. The Korean won weakened 0.45 percent to 1,326 per dollar after the Fed decision, and the Kospi saw heavy foreign selling.

- Date: 2024-09-19 · published 2024-09-19T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/28549-bank-of-korea-eyes-rate-cut-after-us-fed-s-historic-pivot-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Expectations of Bank of Korea easing point to a weaker won in some scenarios, which would raise Korean feed import costs. The impact on commodity prices is limited because this is a monetary policy story.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/3475513

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