Bank of Korea Raises Interest Rates for Second Consecutive Session
The Bank of Korea has increased its benchmark interest rate to 3 percent for the second consecutive meeting, aiming to curb persistent inflation and rapidly rising property prices. Monetary policymakers simultaneously upgraded their 2026 economic growth forecast to 3.3 percent, signaling cautious optimism.
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South Korea central bank delivers back-to-back rate hike, as expected - Reuters
South Korea central bank delivers back-to-back rate hike, as expected Reuters
Read full article →BOK Signals Caution After Second Straight Rate Hike | Insight with Haslinda Amin 8/27/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Read full article →Bank of Korea Delivers Back-to-Back Rate Increase - WSJ
Bank of Korea Delivers Back-to-Back Rate Increase WSJ
Read full article →Korea extends tightening cycle with rate rise to 3%
Bank of Korea cites concerns over inflation, Seoul property prices and household debt
Read full article →Bank of Korea hikes rates again as core inflation stays elevated
The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.
Read full article →‘Strong signal’: South Korea raises rates again to fight inflation, rising home prices
South Korea’s central bank has raised interest rates for a second straight month, with analysts saying its semiconductor boom has given policymakers room to confront inflation, a weak won and rising home prices, but at the cost of a deeper squeeze on indebted households and small businesses. The Bank of Korea (BOK) lifted its benchmark rate by 0.25 percentage point to 3.0 per cent on Thursday, a month after an identical increase took it to 2.75 per cent in July. The latest move brought the ra...
By Park Chan-kyong
Read full article →Second straight rate hike for Asia’s number-three economy as Nvidia-led AI expansion continues
The Bank of Korea tightened monetary policy by 25 basis points to 3% Thursday while simultaneously raising growth forecasts. Asia’s third-largest economy is being powered by an AI boom that Nvidia’s second-quarter results confirmed is far from being over.
By Jules Rimmer
Read full article →Bank of Korea Hikes Again as It Raises Growth, Inflation Forecasts — Update - Morningstar
Bank of Korea Hikes Again as It Raises Growth, Inflation Forecasts — Update Morningstar
Read full article →Bank of Korea delivers back-to-back rate hikes to cope with inflation
Read full article →BOK delivers 'preemptive' back-to-back hikes
The Bank of Korea on Thursday raised its benchmark interest rate for a second consecutive meeting, tightening monetary policy amid persistent inflationary pressures as chip-led growth outweighed expectations. The Monetary Policy Board lifted the rate by 0.25 percentage point to 3 percent, following an increase of the same size in July. The decision was backed by six of the seven board members, with only one-member dissenting. The hawkish decision puts the base rate back to the 3 percent range fo
By The Korea Herald
Read full article →S. Korean won rises against U.S. dollar as BOK delivers back-to-back rate hike
SEOUL, Aug. 27 (Yonhap) -- The South Korean won gained against the U.S. dollar T...
By Deok-Hyun Kim
Read full article →BOK delivers back-to-back rate hikes as price pressures persist
Read full article →Bank of Korea hikes interest rates by 25 bps as expected
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