Bank of Korea Holds Steady as It Flags Higher Growth, Inflation

Core Viewpoint - South Korea's central bank has decided to maintain its policy rate at 2.50% for the fourth consecutive meeting while simultaneously raising its growth and inflation forecasts [1] Group 1 - The central bank's decision to keep the policy rate unchanged indicates a cautious approach amid changing economic conditions [1] - The bank's revised growth and inflation forecasts suggest an optimistic outlook for the South Korean economy [1]