BusinessPhoto: Firstpost BusinessBank of Korea Holds Rates at 3% but Raises Growth Outlook
The Bank of Korea kept its benchmark interest rate steady at 3% after two consecutive hikes, allowing time to assess the impact of previous increases. The central bank cited stronger economic growth, booming exports, and persistent inflation as reasons for a cautious pause. Future rate changes will depend on inflation, economic conditions, and financial stability, with exports benefiting from global AI infrastructure demand.
Firstpost Business·




