BOK to decide key rate today...Attention is paid to whether it will be cut or not.

The Bank of Korea's Monetary Policy Committee will hold a meeting this morning (11th) to determine the benchmark interest rate for this month.

The Bank of Korea's benchmark interest rate is currently 3.5% per annum, and attention is being paid to whether the decision to cut it will be made at today's Monetary Policy Committee meeting.

The Bank of Korea's Monetary Policy Committee has frozen its key interest rate at 3.5% per annum for 13 consecutive times since February last year.

The U.S. Federal Reserve last month cut interest rates by 0.5% for the first time in four and a half years.

Expectations for a cut in our benchmark interest rate are also high as consumer price growth fell to around 1% last month and household loan growth has been reduced this month.

64% of bond experts forecast the benchmark rate will be cut this month.