Bank of Korea leaves its base rate unchanged for a 13th straight meeting

• at 3.5%
• 38 of 40 analysts surveyed tipped unchanged

Forecasts:

• 2024 growth at 2.4% (vs 2.5% seen in May)
• 2024 inflation at
  2.5%
• 2025 growth at 2.1%
  (vs 2.1% seen in May)
• Sees 2025 inflation
  at 2.1%

This article was written by Eamonn Sheridan at www.forexlive.com.