Bank of Korea Rate Hike Expected 25bps, Marking Start of Tightening Cycle
2026-07-15 13:55

Woofun AI reports that financial sources indicate the Bank of Korea is widely expected to increase its benchmark interest rate by 25 basis points at this Thursday's meeting. This adjustment would lift the rate from 2.50% to 2.75%, representing the first hike since January 2023 and potentially initiating a new tightening cycle. Bond market analysts forecast further increases within the current year, with projections placing the benchmark at 3.00% by year-end and 3.25% in the first half of next year.

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