BOK holds key rate steady at 3% after 2 consecutive rate hikes

The Bank of Korea kept its benchmark interest rate unchanged Thursday following two consecutive rate hikes to tame accelerating inflation amid protracting Middle East tensions and robust exports. In a widely anticipated decision, the BOK's Monetary Policy Board held the key rate steady at 3 percent in its rate-setti…

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.