Woofun AI reports that Citigroup economist Jin-Wook Kim anticipates the Bank of Korea will increase its benchmark rate from 2.50% to 2.75% at the upcoming policy meeting. The forecast includes a 25 basis points hike each quarter during the second half of 2026, with specific rate increases expected in July and October this year, as well as January and April next year. Kim noted that the central bank may highlight upside risks to its 2026 growth projections due to revised first-quarter data and robust second-quarter economic activity.