The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which barely grew last quarter, according to economists polled by Reuters who expected a further 50 points of easing this year.

We believe that the Bank of Korea's priority is supporting weak domestic demand, even as concerns about the inflation outlook keep policymakers on a hawkish footing.

The Bank of Korea (BOK) is widely expected to cut its key interest rate by 25 basis points to 2.75% on Tuesday to support South Koreas sluggish economy. A Reuters poll of 36 economists found that all but one anticipate

U.S. inflation pressures delay Federal Reserve interest rate cuts, impact Koreas policy Inflation surge in the U.S. complicates rate decisions for Koreas central bank