Bank of Korea holds rate steady, cuts growth forecast for 2014

South Korea’s central bank cut its 2014 economic growth estimate on Thursday but reiterated Asia’s fourth-largest economy is firmly on its way to recovery – even in the face of looming risks from the US fiscal impasse.

via Business feed http://www.scmp.com/business/economy/article/1328581/bank-korea-holds-rate-steady-cuts-growth-forecast-2014