The Bank of Korea raised its policy rate in back-to-back moves to address inflation pressures. The decision was made to cope with ongoing price increases, signaling continued monetary tightening.
WHO:Bank of Korea
WHAT:Delivered back-to-back policy rate hikes to cope with inflation
WHEN:Reported Aug 27, 2026 at 4:00 AM ET
WHERE:South Korea
WHY:Cause not yet established.
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