Bank of Korea holds key rate at 3% after two hikes

Briefing by News4U · First published 2026-10-22 01:06:04 UTC

The Bank of Korea kept its benchmark seven-day repo rate at 3%, matching forecasts, after two consecutive hikes.

The Bank of Korea held its benchmark seven-day repo rate at 3%, in line with expectations, following two consecutive rate hikes. [1] [2] [3]

Inflation has eased but remains above target, prompting the central bank to pause further tightening. [3]

Sources