Golden Finance reported that the Bank of Korea cut interest rates by 25 basis points today, and the Bank of Korea has shifted from restrictive monetary policy to neutral stance as concerns about growth grow intensifies. This is the third rate cut since the Bank of Korea began its rate cut cycle last October, bringing South Korea’s interest rates by about 150 basis points below the Fed’s target range of 4.25-4.50%. The central bank also lowered its economic growth forecast this year to 1.5% from 1.9%, while maintaining inflation expectations for this year and next two years at 1.9%. The market responded to interest rate cuts in a plain way. Under the influence of uncertainty on the impact of US policies on the South Korean economy and domestic political crisis, the market trend of interest rates will fluctuate, so the Bank of Korea faces complex communication challenges. The market will now turn its attention to a press conference held by Bank of Korea Governor Lee Changyong at 10:10 a.m. Beijing time, when people oppose policy decisions may appear.