BENGALURU : The Bank of Korea will cut its key interest rate by 25 basis points to 3.25 per cent on Friday, according to a majority of economists polled by Reuters who expect that to be the only reduction this year as it attempts to balance growth and financial stability. Inflation eased rapidly to 1.6 per cent in September from 2 per cent in August, the lowest since early 2021 and below the Bank of Korea's (BOK) medium-term target of 2 per cent. Since its last meeting in August, the central

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