Bok
Americannoun
noun
"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012Example Sentences
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The BOK’s extended pause reflects a balancing act: Resilience in the economy has reduced the need to support growth, but policymakers remain wary about financial-stability risks tied to household debt and the property market.
Recent weakness in the won also gave the BOK another reason to refrain from rate cuts, as such a move could pressure the currency further.
However, the BOK raised its growth projections for Asia’s fourth-largest economy.
The BOK expects inflation to average 2.1% this year and the next, compared with the previous projection of 2.0% and 1.9%, respectively.
Economists remain divided on the BOK’s policy path, with some still penciling in a rate cut in the first quarter of 2026 and others maintaining that the current easing cycle may have already ended.
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