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中国基金报·2025-07-10 02:34

Core Viewpoint - The Bank of Korea has decided to maintain the benchmark interest rate at 2.5%, aligning with market expectations [1]. Group 1: Monetary Policy - In May, the Bank of Korea lowered the interest rate by 25 basis points to support economic growth amid weak domestic demand and uncertainties from U.S. tariffs [4]. - The next rate cut is anticipated to be postponed until October due to rising domestic housing prices and household debt [4]. - The central bank is focusing on financial stability, especially given the risks in the real estate market [4]. Group 2: Inflation and Economic Indicators - The inflation rate in June was reported at 2.2%, slightly above the expected 2.1%, with core inflation remaining stable at 2.0% for the second consecutive month [4]. - The growth in the Consumer Price Index (CPI) in June was primarily influenced by base effects, and a slowdown in CPI growth is expected in July if oil prices and foreign exchange trends remain stable [4]. Group 3: Market Reactions - Following the announcement to maintain the interest rate, the exchange rate of the U.S. dollar against the South Korean won showed little change [5]. - The KOSPI index experienced fluctuations, rising nearly 1% at one point [6].