Golden Finance reported that Citi analysts said that South Korea’s GDP growth may slow down slightly in the fourth quarter of 2024, which may pave the way for the Bank of Korea to cut interest rates again next month. Citigroup predicts that GDP in the fourth quarter is expected to increase by 0.1% month-on-month and 1.3% year-on-year, after GDP increased by 0.1% month-on-month and 1.5% year-on-year in the third quarter. Citi pointed out that fourth-quarter GDP data to be released next week may show weak consumption, services and construction data, but strong export and manufacturing data. Citigroup expects the Bank of Korea to cut interest rates by another 25 basis points in February after a dovish pause in January. (Golden Ten)