SEOUL -- South Korea's central bank is keeping its key policy rate steady as it tries to perform a balancing act between reining in rising housing prices and stimulating sluggish consumption, all with the U.S. tariff threat growing more real.
Markets
South Korea central bank stands pat amid renewed US tariff threat
Bank of Korea aims to tame housing prices and boost consumption
The Bank of Korea, at its previous rate meeting in late May, cut its policy rate by 0.25 of a percentage point with the stated goal of spurring consumption. (Photo by Mayumi Tsumita)
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