Minutes of the Monetary Policy Board Meeting(March 2020) | Minutes(상세) | News | News & Publications |  Bank of Korea
Central bank: bok | Type: statement | Date: 2020-04-14

Minutes of the Monetary Policy Board Meeting(March 2020)
2020.04.14
Monetary Policy
Board Meeting
Financial System
Monetary Policy Board Secretariat(02-759-4146)
Attachment
Minutes of the Monetary Policy Board Meeting(March 2020).hwp
Minutes of the Monetary Policy Board Meeting(March 2020).pdf
The majority of members presented the view that, in overall consideration of the domestic and international financial and economic environments, it would be desirable to lower the Base Rate by 50 basis points, from 1.25% to 0.75%.
However, Dr. Lim, Jiwon expressed clear opposition to lowering the Base Rate by 0.50 percentage points and argued for cutting it by 0.25 percentage points.
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