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Opinion

Bank of Korea should not fear cutting rates to zero

Private sector needs boost to offset impact of trade wars and weak demand

| South Korea

Fallout from the U.S.-China trade war and Seoul's own widening trade dispute with Tokyo are slowing the momentum of South Korea, Asia's fourth-largest economy. As a result, the Bank of Korea is likely to trim its benchmark interest rate when its policy committee meets on Oct. 16.

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