％South Korea Government Bond 10Y
KR-10Y
▲ PositiveMonetaryrelevance
BoK raises policy rate by 25bp to 3%, pushing yields up.
Impact on stocks 1
Others
Bank of Korea Raises Interest Rate by 0.25% to 3% as Expected
MacroDigital Finance
The Bank of Korea (BoK) decided to raise its policy interest rate by 0.25% to 3.00% today (Aug. 27), as the market expected, to curb rising inflation. Core inflation hit a nearly three-year high of 2.6% in July, while headline inflation slowed to 2.8%. The central bank noted that the economy remains stronger than expected, expanding 3.7% in the second quarter, supported by semiconductor exports, and raised its 2026 growth forecast to 3.3% from 2.6%, amid uncertainties over oil prices and exchange rates.
BoK raises policy rate by 25bp to 3%, pushing yields up.