[Photo] Base Rate Cut by Monetary Policy Committee, 'Carefully Deciding the Speed of Reduction'
![[Photo] Base Rate Cut by Monetary Policy Committee, 'Carefully Deciding the Speed of Reduction'](http://www.asiae.co.kr/news/img_view.htm?img=2024101110394554999_1728610785.jpg)
Lee Chang-yong, Governor of the Bank of Korea, is presiding over the Monetary Policy Committee meeting held at the Bank of Korea in Jung-gu, Seoul on the 11th. The Bank of Korea ended its monetary tightening stance, which began in August 2021 with a 0.25 percentage point increase, and lowered the rate by 0.25 percentage points, turning toward easing for the first time in 3 years and 2 months. Photo = Joint Photo Coverage Team
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