Banks › Bank of Korea › History › 29 May 2025

Bank of Korea: decision of 29 May 2025

Bank of Korea cut the Base Rate by 25 bp to 2.50% on 29 May 2025.

Decision

cut

Rate: 2.75%↓2.50%
Change: −25 bp
Announced: Thu, 29 May 2025

Sources

Statement: bok.or.kr/eng/bbs/E0000627/view.do?nttId=10091640&…
Recorded: 29 May 2025
Data: JSON

The bank's statement, linked above, is the full record of this decision.

Before and after

Previous decision: 17 Apr 2025, held the Base Rate at 2.75%.
Next decision: 10 Jul 2025, held the Base Rate at 2.50%.
All Bank of Korea decisions and the rate history

Macro Index records decisions as each central bank publishes them and makes no forecasts. Spotted an error? Report it.