24 stories tagged #Bank of Korea

  1. South Korea Inflation Surges to Two-Year High, July Rate Hike Expected
    finance

    South Korea Inflation Surges to Two-Year High, July Rate Hike Expected

    Consumer prices rose 3.1% in May, triggering expectations of a Bank of Korea rate hike at the next meeting in July.

    yesterday 1 min read
  2. Bank of Korea Chief Signals Hawkish Turn as Inflation and Won Pressures Mount
    finance

    Bank of Korea Chief Signals Hawkish Turn as Inflation and Won Pressures Mount

    New BOK governor Shin Hyun Song hints at rate hikes to combat inflation and a weakening won, as two board members dissent.

    6d ago 1 min read
  3. South Korea Warns of Market Actions as Won Hits Worst Levels
    finance

    South Korea Warns of Market Actions as Won Hits Worst Levels

    Seoul issues rare joint statement as the won slides against the dollar, warning of 'excessive' moves and potential intervention.

    last wk. 1 min read
  4. New Bank of Korea Board Member Flags Heightened Inflation Risks
    finance

    New Bank of Korea Board Member Flags Heightened Inflation Risks

    Kim Jin-ill says oil prices and Middle East conflict are driving renewed inflation worries for South Korea.

    2w ago 1 min read
  5. South Korea Inflation Hits Near 2-Year High, Rate Hikes Likely
    finance

    South Korea Inflation Hits Near 2-Year High, Rate Hikes Likely

    South Korea's April CPI rose 2.6%, the highest in nearly two years, driven by oil prices. Rate hikes anticipated in the second half.

    last mo. 1 min read
  6. Middle East Tensions and Oil Prices Complicate Fed Rate Cut Outlook for 2026
    finance

    Middle East Tensions and Oil Prices Complicate Fed Rate Cut Outlook for 2026

    Falling market odds for a 2026 Fed rate cut. Oil price spikes from Iran-US tensions drive inflation fears, delaying potential monetary easing.

    last mo. 1 min read
  7. Bank of Korea Signals Hawkish Shift, Hints at Rate Hikes
    finance

    Bank of Korea Signals Hawkish Shift, Hints at Rate Hikes

    Bank of Korea's senior deputy governor says it's time to consider rate hikes, citing persistent inflation and strong economic growth.

    last mo. 1 min read
  8. South Korea's Economy Surges 1.7% on AI Chip Demand Boom
    tech

    South Korea's Economy Surges 1.7% on AI Chip Demand Boom

    South Korea's GDP grew 1.7% in Q1, outpacing forecasts due to booming AI chip exports and strong tech company profits.

    last mo. 1 min read