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Fed rate cut narrows gap, but Korea faces housing dilemma

The U.S. Federal Reserve cut its benchmark interest rate by 0.25 percentage point to a range of 4.00–4.25% on Tuesday, narrowing the gap with South Korea’s 2.50% rate to 1.75 percentage points and complicating the Bank of Korea’s next move. It was the Fed’s first rate cut in nine months and the first since President Donald Trump took office, following five..

Trump signals flexibility on visas for Korean professionals
The White House said on September 9 that the Department of Homeland Security (DHS) and the Department of Commerce are working together to ensure that skill..

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