Monetary Policy
- 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%.
- 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.
- 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.
- 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.
