According to Jinshi, a recent Reuters survey showed that 40 economists agreed that the Bank of Korea would keep the benchmark interest rate unchanged at 3.50% at its meeting on July 11. They expect the Bank of Korea to keep the benchmark interest rate unchanged at 3.50% in the third quarter and cut it by 25 basis points to 3.25% in the fourth quarter. It is worth noting that this is different from the survey results in May (it is expected that the cumulative interest rate cut will be 50 basis points in the third and fourth quarters).