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BOK senior official hints at rate hike pivot amid inflation fears
May 4, 2026
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The Bank of Korea may begin considering a shift toward interest rate hikes, signaling a potential end to its easing cycle, as rising inflationary pressures and geopolitical risks cloud the economic outlook, a senior central bank official said Sunday. “The time may have come to halt rate cuts and consider moving toward rate hikes,” BOK Senior Deputy Gov.
Ryoo Sang-dai said at a press conference on the sidelines of the Asian Development Bank’s annual meeting in Samarkand, Uzbekistan. “Given extern
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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