[PERSON]
Shin Hyun‑sung
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Situations
South Korea rate policy and rising household debt
9 clusters · 44 sources · last updated
Latest: Bank of Korea monitors impact of U.S. Federal Reserve rate hike
On August 27, 2026, the Bank of Korea (BOK) Monetary Policy Board implemented a second consecutive increase, raising the benchmark interest rate by 0.25 percentage points from 2.75% to 3.00%. This “back-to-back” hike is