South Korea · General

(News Focus) Sharper-than-expected Q2 growth fuels expectations for another rate hike

· By Kim Boram
Story summary

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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