Min Joo Kang, a senior economist at Dutch International Group, wrote in a report that the US-South Korea tariff negotiations may affect the timing of expected interest rate cuts by the Bank of Korea. Kang expects the central bank to cut interest rates in October because August seems too early to confirm whether housing prices and household debt will slow as expected, thereby further easing the policy. However, she pointed out that if the outcome of trade negotiations between the US and South Korea is bad for the market, and Washington continues to push for 25% equal tariffs and additional industry tariffs on South Korea's semiconductors and other export products, then the Bank of Korea's interest rate cut may be brought forward to August.

Min Joo Kang, a senior economist at Dutch International Group, wrote in a report that the US-South Korea tariff negotiations may affect the timing of expected interest rate cuts by the Bank of Korea. Kang expects the central bank to cut interest rates in October because August seems too early to confirm whether housing prices and household debt will slow as expected, thereby further easing the policy. However, she pointed out that if the outcome of trade negotiations between the US and South Korea is bad for the market, and Washington continues to push for 25% equal tariffs and additional industry tariffs on South Korea's semiconductors and other export products, then the Bank of Korea's interest rate cut may be brought forward to August.