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Bank of Korea Raises Interest Rates for Second Consecutive Session

Citing persistent price pressures and strong semiconductor exports, the central bank increased its key rate to 3 percent and upgraded its 2026 economic growth forecast. The decision extends the country's monetary tightening cycle amid ongoing inflation concerns.

27 Aug, 00:56 — 27 Aug, 02:47
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Source Diversity

Excellent (76/100)
9 sources33/33
Spectrum spread3/5 buckets covered17/33
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Left1
Left (1)
cnbc
Center6
Center (6)
nikkei-asiaKorea HeraldFTyonhap-englishinvesting-comReuters
Right2
Right (2)
wsjchannel-news-asia
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Geographic diversity6 regions26/34
US3South Korea2Japan1UK1Singapore1Intl1

Sources

Showing 9 of 9 sources
ReutersVery High3h 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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wsjHigh3h 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 High2h 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 Factual3h 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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nikkei-asiaHigh2h ago

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

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Korea HeraldMostly Factual2h ago

BOK raises key rate for 2nd consecutive session to 3%, revises up 2026 forecast to 3.3%

The Bank of Korea (BOK) raised the benchmark rate by 0.25 percentage point for the second straight meeting Thursday to curb mounting inflationary pressure. The BOK's Monetary Policy Board hiked the key rate to 3 percent at its regular rate-setting meeting in Seoul, marking the highest level since January 2025. The central bank delivered its first rate hike in 3 1/2 years in July. It marked the first back-to-back rate hikes since January 2023, when the central bank raised the rate at seven consec

By The Korea Herald

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yonhap-englishMostly Factual2h ago

(2nd LD) BOK raises key rate for 2nd consecutive session to 3 pct, revises up 2026 forecast to 3.3 pct

SEOUL, Aug. 27 (Yonhap) -- The Bank of Korea (BOK) raised the benchmark rate by ...

By Kim Boram

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channel-news-asiaMostly Factual3h ago

BOK delivers back-to-back rate hikes, remains hawkish

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investing-com3h ago

Bank of Korea hikes interest rates by 25 bps as expected

By Investing.com

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