Central Bank Decisions
Bank of Korea Implements Consecutive Rate Hikes Amid Persistent Inflation
27 Aug 2026
The Bank of Korea has delivered back-to-back interest rate increases as core inflation remains elevated, signaling a continued commitment to tightening monetary policy to address price pressures.
Why it matters
The move highlights the ongoing struggle of regional central banks to contain inflation, impacting the KRW and regional bond yields as markets adjust to a more hawkish policy trajectory.