28-August-2026
Markets and Finance
 
South Korea Central Bank Delivers Back-To-Back Rate Hike, as Expected
27-Aug-2026

The Bank of Korea raised its benchmark interest rate by a quarter percentage point to 3.00% on Thursday, as expected, delivering a second straight increase as inflation stays above target while financial stability risks persist.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-26/south-korea-central-bank-delivers-back-to-back-rate-hike-as-expected