Internet reported that the Bank of Korea cut interest rates by 25 basis points today, shifting from a restrictive monetary policy to a neutral stance amid growing concerns about growth. This is the third time the Bank of Korea has cut interest rates since it began its interest-rate cycle in October last year, leaving South Korea's interest rates about 150 basis points below the Federal Reserve's target range of 4.25-4.50%. The central bank also lowered its economic growth forecast for this year from 1.9% to 1.5%, while maintaining its inflation forecast for this year and next at 1.9%. The market's response to interest rate cuts was flat. Under the influence of factors such as the uncertainty of the impact of U.S. policies on the South Korean economy and the domestic political crisis, the market trend of interest rates will fluctuate, so the Bank of Korea faces complex communication challenges. Markets will now turn their attention to South Korea's central bank governor Lee Chang-yong's press conference at 10:10 a.m. Beijing time, when opponents of the policy decision may appear.