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Economy · South Korea

BOK pauses rate hikes as inflation, debt concerns linger

Outlet: The Korea Herald · The Korea Herald · Published 22/10/2026 01:07 UTC

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The Bank of Korea held its key interest rate at 3 percent Thursday, pausing after two consecutive hikes as persistent inflation and financial stability risks complicated the policy outlook. The central bank raised rates by 25 basis points in both July and August before opting to stand pat this month. Inflation remains a key concern. Consumer prices rose 2.9 percent on-year in September, easing from 3.1 percent in August but remaining well above the BOK's 2 percent target. Higher oil prices, driv

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Source
https://www.koreaherald.com/article/10910978
Published
22/10/2026 01:07 UTC
Captured
22/10/2026 01:39 UTC
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0f99c381c4d28b41 · 263 words
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