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

“The Bank of Korea has been in an easing cycle through 2024-2025, cutting rates amid slowing growth and trade uncertainties. With global economic headwinds and no inflationary pressure warranting a hike, a rate increase at the April meeting is extremely unlikely.”

“Given the current economic climate, inflation trends, and recent statements from the Bank of Korea, it is likely they will maintain the rate to support economic stability. Market expectations also suggest a hold rather than an increase.”

“Recent inflation data shows easing pressure, and the Bank of Korea has signaled a cautious approach to avoid harming economic recovery, making a rate hike in April unlikely.”