NewsHK
Against the backdrop of stubborn core inflation, the Bank of Korea has delivered a second consecutive rate increase, lifting its benchmark by 25 basis points to 3 percent. That level is the highest since January 2025.
The move arrived in line with market expectations, though the sequence of two consecutive hikes carries a different signal than a single adjustment would. Back-to-back moves are a statement.
A single hike at any given meeting can be read as calibration, a committee adjusting for data it expects to moderate.
Two in a row suggest something more settled: policymakers have concluded the inflation trend is durable enough to warrant sustained pressure rather than a pause to observe.
Keep reading