According to Jinshi, the latest Reuters survey shows that 43 economists surveyed unanimously expect the Bank of Korea to keep interest rates unchanged at 3.50% on May 23. It is expected that the Bank of Korea will keep interest rates unchanged at 3.50% until the third quarter of 2024, and cut interest rates by 50 basis points to 3.00% in the fourth quarter. In the previous survey in April, it was expected to cut interest rates in the third quarter.