Business

Bank of Korea Hikes Interest Rates Again

Updated 2026-08-27 01:10 UTC 1 source Neutral

The Bank of Korea increased interest rates by 25 basis points to 3%, its highest level since January 2025. This move comes as core inflation remains elevated.

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CNBC

Bank of Korea hikes rates again as core inflation stays elevated

The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.

2026-08-27 01:04 UTC