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Bank of Korea minutes show possible policy rift on back-to-back rate hikes

Bank of Korea minutes show possible policy rift on back-to-back rate hikes
Channel News Asia Tuesday 15 September 2026, 07:17 UTC 1 min read
Key Points

Bank of Korea minutes show possible policy rift on back-to-back rate hikes SEOUL, Sept 15 : The Bank of Korea's decision to carry out back-to-back interest rate hikes in August was a more contentious affair than the headline vote suggested, meeting minutes released on Tuesday showed, signaling divisions that could slow the future tightening pace. The BOK on August 27 raised its benchmark interest rate by a quarter percentage point to 3.00 per cent, delivering a second straight increase as...

Bank of Korea minutes show possible policy rift on back-to-back rate hikes SEOUL, Sept 15 : The Bank of Korea's decision to carry out back-to-back interest rate hikes in August was a more contentious affair than the headline vote suggested, meeting minutes released on Tuesday showed, signaling divisions that could slow the future tightening pace. The BOK on August 27 raised its benchmark interest rate by a quarter percentage point to 3.00 per cent, delivering a second straight increase as inflation stays above target and financial stability risks persist.
Bank of Korea (ORG) SEOUL (LOCATION) The Bank of Korea's (ORG) BOK (ORG)
Originally published by Channel News Asia Read original →

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