BOK flags stagflation risk in worst-case Iran war scenario

The Bank of Korea (BOK) said that a worst-case escalation of tensions in the Middle East could tip the economy into stagflation and held the benchmark interest rate steady for a seventh straight meeting.

2026-04-10

Uncertainty over U.S. monetary policy deepens amid Middle East crisis: BOK

Uncertainty over the path of U.S. monetary policy has deepened amid heightened tensions in the Middle East, a senior official at Korea's central bank said Thursday.

2026-03-19

BOK maintains base rate as it adopts 'cautious' stance, wary of inflation due to Middle East conflict

The Bank of Korea signaled that it will maintain a “cautious neutral stance” in monetary policy, tightening its guard further against inflation. The central bank appears to believe price risks surrounding the global economy remain substantial.

2026-03-12

BOK taking data-driven approach to rate cuts, will closely watch inflation and forex

The central bank said Thursday it will decide whether and when to implement further interest rate cuts next year by taking into account inflation, economic growth and financial stability conditions.

2025-12-25

BOK hints at end to rate-cut cycle amid weak won, inflationary pressure

The Bank of Korea kept the base interest rate unchanged at 2.5 percent on Thursday as it signaled an end to the rate-cut cycle amid a depreciating won and inflationary concerns.

2025-11-27

BOK expected to keep interest rate unchanged this week: Poll

The Korean central bank is widely expected to hold its policy rate steady this week to ensure financial stability amid a weakening currency and an unsettled property market, a poll showed Monday.

2025-11-24

BOK delays rate cut, but reaffirms easing cycle

The Bank of Korea (BOK) held the base interest rate steady at 2.50 percent for the third consecutive meeting on Thursday, citing concerns about further overheating the housing market and increased volatility in the exchange rate.

2025-10-23

IMF slashes Korea's 2025 growth forecast to 0.8%

The International Monetary Fund slashed its forecast for Korea’s economic growth in 2025 to 0.8 percent from 1 percent, citing ongoing uncertainty in the trade environment and sluggish domestic performance in the first half of the year.

2025-07-30

What if the government loses fiscal maneuvering? (KOR)

The country’s fiscal strength serves as a fortress against external contingencies.

2024-07-02

What if the government loses fiscal maneuvering?