(News Focus) Sharper-than-expected Q2 growth fuels expectations for another rate hike
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Source: South Korea
Published: 2026-07-23 14:52 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Education, Asia, South Korea, Economy & Finance, World News, Business & Economy, Asia Pacific
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Snippet:
SEOUL, July 23 (Yonhap) -- As better-than-expected second-quarter growth puts the South Korean economy on track for annual growth of 3 percent or more this year, expectations are growing that the Bank of Korea (BOK) could raise the benchmark interest rate again at its next monetary policy meeting.
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