Interest Rate Hike
- 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.
- 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.
