The central bank lowered its seven-day repurchase rate by a quarter-percentage point to 3% in a possible early response to growing trade and economic concerns following Donald Trump’s presidential ...
The move underscores a sense of urgency among board members and shows the BOK is intent on becoming more agile if and when more volatility sweeps across the world economy. Trump’s campaign ...
“You should see this as a pre-emptive response to an inevitable slump in investment and consumption should the economy chill next year with Trump targeting US trading partners from China to South ...
Bank of Korea Likely to Hold Rate as It Weighs Trump’s Impact Economic growth is decelerating in concern for policymakers Trump’s return to power clouds Korea’s export outlook ...
Asia market update: BOK cuts unexpectedly as Trump continues to shake world trade order via social media posts; USD retakes some ground even as USTs stay down. - The Bank of Korea (BOK ...
A Green Country banker says tariffs proposed by President-elect Donald Trump could cause prices to rise for Oklahomans. Steve Wyett is the chief investment strategist for BOK Financial. He says the ...
BOK Gov. Rhee Chang-yong said four out of six board members supported the rate cut, while three of the six voiced a need to keep open the possibility of further rate reductions in the next three ...
Should global trade conflicts intensify due to the possible implementation of sweeping tariffs and other protectionist measures by the second Donald Trump administration and corresponding measures by ...
Trump Tower on 5th Avenue was under construction at the time and The Donald was seeking out artwork to put up in the lobby — the very same one he’d descend into via golden escalator to ...