Lee Chang-yong, Governor of the Bank of Korea, held a press conference on June 11 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 a more accommodative policy for the first time in 3 years and 2 months. Photo by Joint Press Corps
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![[Photo] Lee Chang-yong, Governor of the Bank of Korea, Taking Questions from Reporters](https://cphoto.asiae.co.kr/listimglink/1/2024101114313755341_1728624697.jpg)

