Executive Summary for Monetary Policy Report (September 2025) | Monetary Policy Report(상세) | Periodicals | News & Publications |  Bank of Korea
Central bank: bok | Type: statement | Date: 2025-09-11

Executive Summary for Monetary Policy Report (September 2025)
Monetary Issues
2025.09.11
Monetary Policy
Price stability
Financial stability
National economy
Monetary Policy Department(02-759-4143)
Attachment
Executive Summary for Monetary Policy Report (September 2025).pdf
Data sets for figures in Executive Summary_September 2025.xlsx
Monetary Policy Report at a Glance
Monetary Policy Decisions
Further Base Rate Cut from 2.75% to 2.5%
Economic and Financial Developments
Inflation remains stable
Inflation has generally remained stable near the target level.
It is projected to remain at around 2% going forward.
Economic growth improved after significantly weakening
After significantly weakening, economic growth has improved modestly, driven by consumption.
Growth is likely to continue a slow recovery, but the outlook remains highly uncertain.
Household loans slowed after growing rapidly
Increases in housing prices in the Seoul metropolitan area and household loans, which had been accelerating, slowed since July.
Further monitoring is needed on whether the housing market and household debt will stabilize in a sustained manner.
Prospects for Monetary Policy
The BOK will maintain its rate cut stance to mitigate downside risks to economic growth and determine the timing and pace of any further Base Rate cuts while closely monitoring changes in domestic and external policy environments, the resulting impact on inflation, and financial stability.
In case of any inconsistency, the original version in Korean will prevail.
Data for figures are available in the attached Excel file.
Inquiries: tel 82-2-759-4143, email bokmpcm@bok.or.kr
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