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Bank of Korea Delivers Second Consecutive Rate Hike to 3%

The Bank of Korea has increased its key interest rate by 25 basis points to 3% for a second straight session, citing persistent inflationary pressures. The central bank simultaneously upgraded its 2026 economic growth and inflation forecasts while signaling a cautious approach to future monetary policy.

27 Aug, 00:56 — 27 Aug, 07:30
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The Story

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Source Diversity

Excellent (76/100)
11 sources33/33
Spectrum spread3/5 buckets covered17/33
Far L
Left1
Left (1)
cnbc
Center8
Center (8)
yonhap-englishbloombergmorningstarKorea Heraldnikkei-asiaFTinvesting-comReuters
Right2
Right (2)
wsjchannel-news-asia
Far R
Geographic diversity6 regions26/34
US5South Korea2Japan1UK1Singapore1Intl1

Sources

Showing 11 of 11 sources
ReutersVery High9h ago

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

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bloombergHigh3h ago

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)

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wsjHigh9h ago

Bank of Korea Delivers Back-to-Back Rate Increase - WSJ

Bank of Korea Delivers Back-to-Back Rate Increase  WSJ

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FTVery High8h ago

Korea extends tightening cycle with rate rise to 3%

Bank of Korea cites concerns over inflation, Seoul property prices and household debt

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cnbcMostly Factual9h ago

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.

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morningstar4h ago

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

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nikkei-asiaHigh7h ago

Bank of Korea delivers back-to-back rate hikes to cope with inflation

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Korea HeraldMostly Factual4h ago

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

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yonhap-englishMostly Factual2h ago

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

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channel-news-asiaMostly Factual9h ago

BOK delivers back-to-back rate hikes as price pressures persist

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investing-com9h ago

Bank of Korea hikes interest rates by 25 bps as expected

By Investing.com

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