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Economics3h 8m ago
South Korea's central bank is expected to raise interest rates for the first time in more than three years.
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South Korea
Who
Bank of Korea, Reuters poll of economists
What
South Korea's central bank is expected to raise interest rates for the first time in more than three years.
When
Tue, 14 Jul 2026 00:37:00 GMT · 3h 8m ago
Where
South Korea ·
Why
Inflation remains well above its 2% target.
The Frontline Impact
How this affects you
This marks the first interest rate increase in over three years, with another increase anticipated by year-end. The move is a response to persistent inflation exceeding the central bank's target.
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