Korea, Republic of (South Korea) | FRED | St. Louis Fed
Category: Countries > Korea, Republic of (South Korea), 2,522 economic data series, FRED: Download, graph, and track economic data.
Fed holds rates steady, putting South Korea in a bind
The U.S. Federal Reserve kept its benchmark interest rate unchanged at 4.25 to 4.5% after its latest Federal Open Market Committee meeting, pausing after three consecutive rate cuts in late 2024. Fed Chair Jerome Powell said the central bank sees no urgency to adjust monetary policy, emphasizing that inflation remains somewhat elevated and that the […]
Total reserves (includes gold, current US$) - Korea, Rep. | Data
Total reserves (includes gold, current US$) - Korea, Rep. International Monetary Fund, International Financial Statistics and data files. License : CC BY-4.0
South Korean won hits 15-year low as hawkish Fed, domestic …
Dec 19, 2024 · The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S. Federal Reserve's cautious stance on more interest rate cuts,...
Real Gross Domestic Product for Republic of Korea …
Dec 30, 2024 · Graph and download economic data for Real Gross Domestic Product for Republic of Korea (NGDPRSAXDCKRQ) from Q1 2000 to Q3 2024 about Korea, real, and GDP.
US Fed begins rate cut cycle: What it means for South Korea's …
Sep 20, 2024 · The Federal Reserve slashed rates by 1 percentage point in March, with the Bank of Korea following suit in May. While South Korea’s economy contracted by 0.7% in 2020, it rebounded with 4.3% growth the following year.
South Korea | FRED | St. Louis Fed
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Fed’s rate pause pressures BOK to hold - The Korea Herald
1 day ago · Korea-US rate gap remains as wide as 1.5 percentage points With the US Federal Reserve in no hurry to cut its key rate again, the Bank of Korea is likely to slow down on loosening its monetary ...
What's Gone Wrong With the Korean Won? - The Wall Street Journal
Oct 23, 2023 · South Korea is an example of how Federal Reserve decisions—and the uncertainty around them—can ripple around the world. The Korean won has lost about 7% against the dollar since the beginning...
Fed cuts interest rates by 0.5%, narrowing gap with South Korea
The U.S. Federal Reserve lowered its benchmark interest rate by 0.5 percentage points to 4.75% to 5%, citing progress in reducing inflation. The Federal Open Market Committee noted that inflation is closer to its 2% goal but remains elevated.