BOK Delivers First Rate Hike Since Early 2023 Amid Chip-Led Boom
South Korea’s central bank raised interest rates Thursday for the first time in more than three years as an artificial intelligence-driven chip boom helps fuel sticky inflation and faster-than-expected economic growth.
Bank of Korea Raises Rates for First Time Since 2023
- BOK hikes rate after yearlong pause The Korea Herald —
- Bank of Korea Raises Rate for First Time Since 2023 Wall Street Journal —
- BOK raises rates for 1st time in more than 3 years Korea Times —
- 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 —