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How Big Should We Make Them?World reacts to Israel-Hamas ceasefire, leaders express relief, optimismBiden celebrates ceasefire deal in farewell speechUS issues new round of sanctions against Russia ahead of Trump’s return to the White House By ReutersTrump’s DoE Pick Pledges to ‘Unleash’ LNG and Nuclear Power by Cutting Red Tape (NYSE: LBRT)Everything you need to know about Abi Norgrove: England captain at ICC U19 Women’s T20 World Cup 2025Chinese AI company MiniMax has released new models that it claims compete with the best in the industryWhy Somalilanders are fascinated by Donald TrumpWhat you need to know about the ceasefire in GazaTaiwan’s navy to protect submarine cables if necessary, defense minister says ReutersEnergy and food prices drove inflation in DecemberThe 2024/25 inductees reflect a legacy in women’s footballAnge Postecoglou after Arsenal defeat in north London derby: Tottenham’s form is unacceptable and we need change Football NewsOrtiz Jr. vs. Madrimov: Can “Little GGG” debunk the hype?Luma AI releases Ray2 generative video model with ‘fast, natural’ motion and better physicsHow will Trump handle—and perhaps even change—presidential power? |Donald Trump News‘Almost inevitable’ that the South Korean president will ‘serve time in prison’Chaya Eri ni Rh sold $10.66 million worth of stock Via Investing.comWhy Real Estate Income Stocks Significantly Underperformed the S&P 500 in 2024Alaska bald eagle rescued by policeROSEN, A LEADING LAW FIRM, Urges ASP Isotopes Inc. Investors to Secure Counsel Before Important Securities Class Action DeadlineRio Tinto Produced Slightly Less Iron Ore, More Copper in 2024 (NYSE:RIO)Ruben Amorim sets up a challenge for Man United players against SouthamptonMorrison: Moyes will be disappointed with defeat to ‘professional’ VillaIs Lemon8 a Good Alternative to TikTok? Here’s What You Need to KnowBank of Korea keeps interest rates unchanged at 3%Israel and Hamas agree to a cease-fire in Gaza and an agreement on hostagesAustralian jobs jump sharply in December forecasts, unemployment rises By Investing.comU-Haul finds South Carolina, Texas and Florida among the popular moving statesTyreek Hill’s agent releases major update following WR’s $90,000,000 trade spree
Thu. Jan 16th, 2025

Bank of Korea keeps interest rates unchanged at 3%


Bank of Korea (BOK) on December 28, 2024 in Seoul.

Kim Jae Hwan | Light Rocket | Getty Images

The Bank of Korea unexpectedly kept its benchmark policy rate at 3% on Thursday, following two consecutive rate cuts at previous meetings amid a slowing economy.

Economists polled by Reuters expected a 25 basis point rate cut.

Korean Cospi After the announcement of the decision, the Kosdaq Index rose 1.25% and the Kosdaq Small Cap Index rose 1.69%. The South Korean won gained about 0.3% to 1,450.27.

The Bank of Korea’s move comes amid political turmoil in the country, with impeached President Yoon Seok-yeol being arrested on Wednesday, the first time a sitting South Korean president has been arrested.

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