Monetary Tightening
- 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.
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.