South Korea's central bank to hold key rate on May 28, hikes expected from Q3

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BENGALURU, May 26 : South Korea's central bank will keep its key policy rate unchanged at a review on Thursday, according to economists in a Reuters poll, and a majority of them now expect one or more rate hikes by end-December as the Iran war adds to inflationary pressures. All except two of 32 economists polled by Reuters between May 19 and 25 forecast the Bank of Korea would keep its base rate at 2.50 per cent on May 28. The two outliers forecast a rate rise. More than 70 per cent, or 21 of

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South Korea's central bank to hold key rate on May 28, hikes expected from Q3 https://www.channelnewsasia.com/ - 26.05.2026 03:54

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South Korea's central bank to hold key rate on May 28, hikes expected from Q3 https://www.channelnewsasia.com/ - 26.05.2026 03:54