CoinVoice has recently learned that according to the Korea Herald, the Governor of the Central Bank of Korea, Lee Chang-yong, stated that although the monetary policy remains cautious, the key interest rate of the Central Bank of Korea will decline due to stable inflation.

According to a report by the Korean Central News Agency, Lee Chang-yong spoke to reporters at the International Monetary Fund (IMF) annual meeting in Washington, stating that adjustments to the timing and speed of the easing cycle do not imply that interest rates will not be lowered. He also mentioned that following the economic contraction in the first quarter, the Bank of Korea may again lower its economic growth forecast for this year, although he did not specify the details. The bank has already revised its predictions multiple times, with the most recent adjustment being a forecast of 1.5% for 2025.