The Bank of Korea kept its benchmark interest rate at 3 percent after two consecutive rate hikes. Economists polled by Reuters had forecast the central bank would hold rates. The decision followed President Lee’s call to boost housing supply.
WHO:Bank of Korea
WHAT:The Bank of Korea kept its benchmark interest rate at 3 percent.
WHEN:Oct 22, 2026
WHERE:Seoul, South Korea
WHY:Reason not reported.
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