Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › BOK Governor Uses Gardening Tool to Explain Back-to-Back Hikes
Politics

BOK Governor Uses Gardening Tool to Explain Back-to-Back Hikes

Bloomberg Markets Thursday 27 August 2026, 08:35 UTC By Heesu Lee 1 min read
Key Points

South Korea’s central bank chief likened monetary policy to a gardening tool in explaining the decision to conduct back-to-back rate hikes for the first time in more than three years.

South Korea’s central bank chief likened monetary policy to a gardening tool in explaining the decision to conduct back-to-back rate hikes for the first time in more than three years.
BOK (ORG) South Korea’s (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

US Democratic Party’s progressives and moderates face off in pre-midterms civil war

A string of recent primaries across the US have thrown new light on the deep divisions between the party's political factions. Is opposition to Trump enough to unify the coalition? With just over two months to go before the US's midterm elections, Democrats face a problem that goes beyond the familiar question of how to beat President Donald Trump: they are still arguing over what the Democratic Party should actually stand for.

Euronews 7m ago

Fidesz weighs a future without Orbán and even dissolution after historic defeat

Insiders say Viktor Orbán's party is looking into the abyss amid corruption scrutiny, a wave of senior departures and Tisza's dominant poll lead. Orbán's personal future in politics will be discussed next year. Hungary's Fidesz party is facing an existential crisis following its dramatic defeat in the country's April elections, in which Péter Magyar's Tisza party unseated Viktor Orbán after 16 years of governing with a supermajority.

Euronews 12m ago

Ceuta faces second night of tense protests: government and media in the crosshairs

Ceuta has seen two days of protests over the migration crisis, with barricades and rubber bullets fired on Trampolin beach. Crews from La Sexta and RTVE were harassed while reporting, amid an escalation of tensions condemned by journalists' associations. Ceuta has faced its second consecutive night of protests over the migration crisis, and social tensions continue to rise.

Euronews 14m ago

Social media harms: Hard to ignore, tougher to regulate

Why social media harms are hard to regulate August 27, 2026Addiction, self-harm, suicide: Social media's engagement-driven strategy is under intense scrutiny for allegedly engineering compulsive use and severe psychological harm, especially in children. Platforms like Facebook, YouTube and TikTok make huge profits by keeping users hooked via nonstop scrolling, recommendations and constant notifications. Facebook owner Meta, for example, generated a record $196.2 billion (€168.3 billion) in...

Deutsche Welle 24m ago