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

Summary by Reuters
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.

6 Articles

The Bank of Korea's Monetary Policy Committee raising the base interest rate in August, following July, is due to concerns over rising inflationary pressures expected for a considerable period amidst expectations of strong growth until next year.

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WTVB broke the news on Tuesday, September 15, 2026.
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