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Economy · South Korea

BOK pauses rate hikes, but signals more may come

Outlet: The Korea Herald · The Korea Herald · Published 22/10/2026 06:14 UTC

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The Bank of Korea held its key interest rate at 3 percent Thursday, pausing after two consecutive hikes but keeping the door open to further tightening as stronger-than-expected growth and persistent inflation complicate its policy outlook. The Monetary Policy Board unanimously voted to leave the rate unchanged after raising it by 25 basis points in both July and August. "We believe it is necessary to maintain the current restrictive stance, as growth and inflation have been stronger than expect

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Source
https://www.koreaherald.com/article/10911589
Published
22/10/2026 06:14 UTC
Captured
22/10/2026 06:39 UTC
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95eac842fb670bfe · 634 words
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