Bank of Korea Raises Rate for First Time Since 2023
South Korea’s central bank raised its base rate for the first time in three-and-a-half years, joining global peers in tightening monetary policy to counter inflationary pressures fueled by the U.S.-Iran conflict.
Bank of Korea Raises Rates for First Time Since 2023
- BOK hikes rate after yearlong pause The Korea Herald —
- BOK raises rates for 1st time in more than 3 years Korea Times —
- BOK Delivers First Rate Hike Since Early 2023 Amid Chip-Led Boom Bloomberg —
- South Korea raises rates for first time since 2023 on AI chip boom The Straits Times —
- Bank of Korea hikes base rate to 2.75% in first policy tightening since 2023 Seeking Alpha —