BOK Seen Taking Breather to Assess Impact of Back-to-Back Hikes

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BOK Seen Taking Breather to Assess Impact of Back-to-Back Hikes
Takeaways by Bloomberg AI
The Bank of Korea is expected to leave interest rates unchanged this week as policymakers assess the impact of rare back-to-back hikes, while keeping further increases in play as a semiconductor boom powers growth and keeps inflation elevated.
All 24 economists surveyed by Bloomberg expect the central bank to hold its benchmark rate at 3% on Thursday. The BOK raised rates by a quarter percentage point each in July and August, delivering its first consecutive hikes in more than three years.

document fetched 2026-10-21 02:55 · canonical https://bloomberg.com/news/articles/2026-10-20/bok-seen-taking-breather-to-assess-impact-of-back-to-back-hikes