South Korea becomes the 23rd central bank to cut rates so far this year

NYT:

"SOUTH KOREA: The Korean central bank cut its base rate by 0.25 percentage point to 1.75%.

"Falling manufacturing, electronics and car exports amid aggressive competition from Taiwanese, Chinese and Japanese rivals prompted the South Korean central bank to join a plethora of Asian banks in trimming interest rates. South Korean rates are now at record lows. (AM)"

I wonder if the Fed is still planning to raise rates?