Bank of Korea Raises Rates to 2.75%

Bank of Korea hikes rates by 25bp The Bank of Korea has increased interest rates by 25bp to 2.75%. The rate hike is seen as a unanimously hawkish move by the Monetary Policy Committee. The July statement is more hawkish than the May statement, indicating a

Bank of Korea hikes rates by 25bp

The Bank of Korea has increased interest rates by 25bp to 2.75%.

The rate hike is seen as a unanimously hawkish move by the Monetary Policy Committee.

The July statement is more hawkish than the May statement, indicating a potential for further rate hikes.

Leave a Reply

Your email address will not be published. Required fields are marked *