Nomura forecasts South Korea's GDP growth at 1% for 2025, with potential drop to 0.8% in worst-case tariff scenario; Bank of Korea expected to cut rates three times this year amid economic challenges.
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Nomura - 'In Worst-Case Scenario, South Korea's Growth Rate at 0.8%; BOK to Cut Rates Three Times'
Nomura forecasts South Korea's GDP growth at 1% for 2025, with potential drop to 0.8% in worst-case tariff scenario; Bank of Korea expected to cut rates three times this year amid economic challenges.