South Korea raises rates for first time since 2023 on AI chip boom
Hike marks the start of what investors expect will be a tightening cycle that carries over into 2027.
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 —
- BOK Delivers First Rate Hike Since Early 2023 Amid Chip-Led Boom Bloomberg —
- Bank of Korea hikes base rate to 2.75% in first policy tightening since 2023 Seeking Alpha —