Will the Bank of Korea decrease the base rate after the April Meeting?

“Inflation concerns persist in Korea, economic growth remains moderate, and recent BoK statements suggest maintaining current rates to monitor price stability.”

“With only two days until the meeting, there have been no strong signals or economic indicators suggesting a rate cut. The Bank of Korea has maintained a cautious stance recently, making a decrease unlikely at this time.”

“BOK has been in an easing cycle since late 2024. With slowing growth, trade uncertainties, and inflation near target, a rate cut at the April 2026 meeting is more likely than not, though not certain given potential won weakness concerns.”