The bank said the country’s trade-dependent economy faces growing uncertainty in global economic trends and inflation that could be impacted by the policies of President-elect Donald Trump and ongoing geopolitical conflicts.
South Korea's central bank cuts key interest rate to nurse a slower economy
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While the country’s exports have been gradually improving, job growth remains sluggish, due to weakness in construction industries and other sectors, the bank said.
South Korea's central bank cutting rates in a bid to boost the economy
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