[Photo] Lee Chang-yong, Governor, "There is room for interest rate cuts"

On the 11th, Lee Chang-yong, Governor of the Bank of Korea, held a press conference at the Bank of Korea in Jung-gu, Seoul, regarding the Monetary Policy Committee's decision on the base interest rate. The Bank of Korea ended its monetary tightening stance, which began in August 2021 with a 0.25 percentage point increase, and lowered the rate by 0.25 percentage points, shifting to an easing stance for the first time in 3 years and 2 months. Photo = Joint Press Photography Group