Event Brief
Bank of Korea raises key rate to 3% for 2nd straight time
By The BriefBrief · Sources (5)
Filed: Aug 26, 2026 at 10:04 PM ET
Summary: The Bank of Korea raised its benchmark policy rate by 0.25 percentage point for a second consecutive session to 3.0%. It also revised up its 2026 growth and inflation forecasts, lifting the 2026 inflation outlook to 3.3%.
WHO: Bank of Korea (BOK)
WHAT: Raised the benchmark policy rate to 3.0% and revised up its 2026 inflation forecast to 3.3%
WHEN: Aug 27, 2026
WHERE: South Korea
WHY: The central bank made a policy decision to adjust the benchmark rate and update its inflation outlook.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
🔍 Sources (5) 🔒
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