Bank Korea retains bets unchanged for the second direct meeting

The Central Bank of South Korea has retained its political rate by 2.5% for the second direct meeting, despite the uncertain trade environment for the country.

This step also meets the expectations of the economists interviewed by Reuters.

At the previous meeting, The side had tariffs, citing the need to evaluate the influence of the latest measures aimed at cooling the seul housing market.

The Central Bank’s decision came a few days after South Korean President Li Jay Mun met US President Donald Trump Earlier this week, which led to a number of agreements between both parties.

This includes multi -billion dollar investment promises from South Korean companies, recorded for $ 50 billion in aviation purchases in Korean Air and cooperation in areas such as shipbuilding and energy.

According to the July trade agreement, Seoul has invested $ 350 billion in the United States, including $ 150 billion for shipbuilding. Seoul then saw the so -called “return” tariffs for the US export, decreased to 15% of 25%, including for cars.

In the country there is net exports of growth power in April-June period to more than expected, GDP increased by 0.6% by a quarter and 0.5% compared to a year ago.

Export of goods and services is about 44% of South Korea’s GDP in 2023, reports The latest data from the World BankFrom the US as its second largest export market after China.

The Bank’s Bank’s Bank’s note states that with the “weakening of trade”, “Side” is expected to review the GDP growth projection about 1.0% in 2025, compared to 0.8% earlier.

Analysts predict that the BOK will be open to lowering the policy rate in the next three months, with a possible decrease in October.

They also expected that in the first half of 2026, in the first half of 2026, stable rates for 2%.

However, inflation in South Korea is supported by a rate reduction, which is 2.1% in July and slightly above the target of 2%.

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