Economists trimmed their growth forecasts for South Korea again and brought forward their rate cut views in a survey that comes ahead of Donald Trump's return to the White House with protectionist policies that may further weigh on the major exporter's outlook.
South Korea's gross domestic product will probably grow 2.3% and 2% in 2024 and 2025, according to median forecasts by 38 economist polled by Bloomberg. A previous survey had already revised those estimates down to 2.4% and 2.1%.