South Korea's Bank Cuts Rates, Lowers Growth Forecast

The central bank of South Korea, like a financial doctor, decided to lower interest rates, making it cheaper for businesses to borrow money.

They also adjusted their prediction for how much the country's economy will grow, expecting slower growth in the future.

This action is in response to worries about trade issues, like tariffs from the US, and because people and businesses aren't spending as much money.

This is aimed at helping the economy grow and combat economic challenges.