Cut,... raise,... or stay the same?<br />We'll find out soon... as the Bank of Korea will announce its benchmark interest rate decision in the next few hours.<br />The key rate currently stands at one-point-five percent,... after the central bank cut the rate by zero-point-two-five percent last month... citing the economic uncertainties facing the country.<br />With business sentiment remaining sluggish this month,... as South Korean firms face a slowdown in exports as well as domestic sales,... most observers expect a rate freeze on Friday.<br />The latest projection is for the Bank of Korea to cut rates two more times... either later this year... or in early 2020.<br />
