China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Japan's Private Sector Growth Slows in March Amid Rising Costs and Middle East Uncertainty 
Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Uncertainty and Japan Inflation Data 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
U.S. Oil Prices Slide as Middle East Ceasefire Talks Spark Market Optimism 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 2.75% on Tuesday, marking the third rate cut in the current easing cycle. The move comes as policymakers shift focus to economic growth amid lingering uncertainties.
The decision, widely expected by economists, reflects the central bank’s efforts to support the slowing economy while balancing inflationary pressures. A Reuters poll of 36 economists found that all but one had predicted the rate cut.
BOK Governor Rhee Chang-yong is set to address the decision in a livestreamed news conference at 0210 GMT via YouTube. Investors and analysts will closely watch his remarks for insights into future monetary policy moves and economic forecasts.
With global economic uncertainty and domestic growth concerns mounting, the central bank's latest rate adjustment aligns with broader efforts to maintain financial stability. Market participants anticipate further guidance on the trajectory of interest rates in the coming months.
