Summary
South Korea's central bank has raised its key interest rate for the first time in over three years to combat inflation, exacerbated by the Middle East war, and slow housing debt growth.
South Korea's central bank hikes rate for first time since 2023 to curb inflation and debt
News Studio
Economy
16 July 2026 at 1:16 pm
South Korea's central bank hikes rate for first time since 2023 to curb inflation and debt
News Studio
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