South Korea central bank cuts policy interest rates by 25 basis points

摘要

SINGAPORE (ICIS)--South Korea's central bank cut its policy interest rates by 25 basis points to 1.50% on Thursday, to rev up its sagging economy amid the ongoing US- China trade war. "Based on currently available information the Board considers that the pace of global economic growth has continued to slow as trade contracted mainly due to the US- China trade dispute," it said.