According to the latest survey report, the Bank of Korea is likely to decide to maintain its key interest rate unchanged at its upcoming meeting on August 22, continuing to implement its current benchmark interest rate of 3.50%. This forecast is based on the opinions of 38 economic experts, reflecting the market's cautious attitude towards the direction of South Korean monetary policy. Although the market had previously expected the Bank of Korea to cut interest rates in response to potential economic slowdown pressures, the latest data indicate that the South Korean economy is performing steadily, with relatively controlled inflation levels, which may lead policymakers to choose to temporarily hold off on any action. However, analysts point out that considering the changes in the global economic environment and the uncertainties faced by the domestic economy, the Bank of Korea is expected to take an interest rate cut action in the fourth quarter, lowering the benchmark interest rate to 3.25%, consistent with previous expectations. This adjustment aims to provide more stimulus to the economy and also reflects the policy flexibility of the Bank of Korea in the current complex international situation.