The Chonkerton

Bank of Korea raises rates to 2.75% in first hike in over three years

business

The Bank of Korea raised interest rates to two point seven five percent, marking the first increase in over three years. Per CNBC, the move aligned with a Reuters survey of economist expectations.

Source: https://www.cnbc.com/2026/07/16/bok-interest-rate-monetar...

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