Amid rising tariff uncertainty, the Bank of Korea maintains interest rates unchanged

According to BlockBeats, on April 17th, the Bank of Korea kept interest rates unchanged at its April meeting, taking the widely expected respite measures as it considers how to best support the economy facing a severe blow from US tariffs. Among the 25 economists surveyed before the interest rate decision, 20 predicted that there would be no interest rate changes in April, and they anticipated that the uncertainty brought by Trump's unstable trade statement would make policymakers at the Bank of Korea cautious. The central bank may also want more time to assess the impact of previous interest rate cuts before taking further action. As the fourth largest economy in Asia, South Korea relies on exports for nearly half of its GDP growth, making it vulnerable to trade disruptions caused by the recently announced comprehensive tariffs by the United States. (Golden Ten)