Bank of Korea cuts rates to lowest since August 2022 to boost sluggish growth newsthirst.
People walk past the Korea Exchange (KRX) building in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images South Korea’s central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy. The Bank of Korea cut rates to…