[Breaking News] BOK Cuts Base Rate by 0.25%p... Pivot After 3 Years and 2 Months
![[Breaking News] BOK Cuts Base Rate by 0.25%p... Pivot After 3 Years and 2 Months](http://www.asiae.co.kr/news/img_view.htm?img=2021071712323438152_1626492754.png)
On the 11th, the Monetary Policy Committee of the Bank of Korea held a meeting to decide the direction of monetary policy and abruptly lowered the base interest rate by 0.25 percentage points from the previous 3.50% to 3.25%.
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