interest rate

BUSINESS

Bank of Korea holds rate steady at 3.5 percent

2023-07-13

The Bank of Korea kept its policy rate unchanged Thursday for the fourth consecutive time, holding it at 3.5 percent. It was a widely expected...

BUSINESS

Won rises as Fed expected to pause rate hikes

2023-06-07

The won slipped below the 1,300 mark on Wednesday for the first time since late March, thanks to a slowing trade deficit and expectations...

BUSINESS

[Breaking] Fed made another giant steps, raised 0.75%p

2022-11-02

The Fed decided another interest rate hikes, by 0.75 percentage points, the sixth increase this year to combat against inflation, and signaled to continue...

BUSINESS

Bank of Korea signals a change in stance after Fed’s big hike

2022-09-22

A board at KB Kookmin Bank in Yeouido shows the won at 1,409.7 won against the dollar on Thursday after weakening 15.50 won...

BUSINESS

[BREAKING] Another 0.75 Percentage Point Rate Hikes by Fed

2022-09-21

Federal Reserve decided its thrid consecutive rate hikes of 0.75%p lifting the benchmark of federal funds rate to a range between 3% and 3.25%,...

interest rate

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