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Bank of Korea to Raise Benchmark Rate by 25bp on July 16, Analysts Say

2026-07-09 07:09:39

According to analysts at Korea Investment & Securities, the Bank of Korea will unanimously raise its benchmark interest rate by 25 basis points at its monetary policy committee meeting on July 16. Analysts Choi Ji-wook and Moon Da-woon cited steady economic growth and inflation remaining above the central bank's target level as likely drivers for the hike. The analysts also noted a possibility of back-to-back rate increases in July and August if the bank's assessment of core inflation proves stronger than expected.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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