BOK chief again signals rate hike to curb inflation pressure

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Source: South Korea
Published: 2026-06-12 11:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Education, Middle East, Asia, Military & Defence, South Korea, Economy & Finance, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
SEOUL, June 12 (Yonhap) -- Bank of Korea (BOK) Gov. Shin Hyun-song on Friday reiterated the need to raise the key rate at an upcoming monetary policy meeting to ease mounting inflation pressure stemming from the prolonged Middle East war.
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