Bank of Korea
- Bank of Korea Chief Points to Gradual Rate Hikes Over the Next Six Months
After a 6-1 vote for a second straight rate increase, Governor Hyun Song Shin says he expects gradual hikes ahead, with board forecasts topping out at 3.50%.
- Korea's 3-Year Treasury Yield Falls to 3.816% Ahead of Bank of Korea Rate Decision
Korea's 3-year government bond yield fell for a third straight session to 3.816% on Aug. 26 as markets braced for the Bank of Korea's rate decision.
- Bank of Korea Raises Base Rate to 2.75%, Ending a Two-Year Easing Run
The Bank of Korea lifted its base rate 25bp to 2.75% on July 16, its first increase in the ECOS record since late 2024, with bond yields already well above it.
- Korean Won Holds Below 1,400 Per Dollar as Samsung Unveils Record Shareholder Return
The won stayed in the 1,300s per dollar for a third session, an 11-month high, as Samsung Electronics filed plans for up to 110 trillion won in returns.
- US Inflation Holds at 3.4% in July, Weakening the Case for Another Fed Hike
US consumer prices rose 3.4% from a year earlier in July, matching forecasts — an in-line reading that eases pressure on the Fed and shifts the calculus in Seou
- Korea's Bond Market Leans Toward an August Rate Hold as July Inflation Cools
Slowing July consumer price growth has Korea's bond market expecting another Bank of Korea rate hold in August, even as core inflation edges higher.
- Korea's Q2 Growth Surprise Revives Talk of a 3% Year and an August Rate Move
A stronger-than-expected 0.6% second-quarter GDP reading has revived hopes for 3% annual growth and put an August Bank of Korea rate decision in play.
- Bank of Korea Keeps August Rate Decision Wide Open
BOK Governor Shin Hyun-song says all options remain on the table for August, as a chip-led recovery lifts growth ambitions and stokes market volatility.
- Bank of Korea Raises Rates, Ending a 3.5-Year Easing Cycle
The Bank of Korea lifted its benchmark rate on July 16, its first hike in three and a half years, pressuring housing and opening a tightening cycle.
