Tag: interest rate

interest rate

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Troubled loans at top five banks hit record 6.4 trillion won with borrowers buffeted from all sides

Repayment has been hindered by a prolonged period of high interest rates, delayed economic recovery and weak domestic demand.

2026.8.12

유상대 한국은행 부총재 기자간담회 (서울=연합뉴스) 유상대 한국은행 부총재가 11일 서울시 중구 한국은행에서 열린 기자간담회에서 발언하고 있다. 2026.8.11 [한국은행 제공. 재판매 및 DB 금지] photo@yna.co.kr/2026-08-11 15:21:12/

Outgoing BOK deputy governor says rate-hike stance needed with persistent inflation

Ryoo Sang-dai, whose three-year term ends Aug. 20, said earlier lessons impel the central bank to take a pre-emptive monetary policy response.

2026.8.11

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Bank of Korea's headquarters in central Seoul on Aug. 12, 2025

BOK likely to hike rate with inflation still too high, senior deputy governor says

Price pressure from demand- and supply-side factors affecting export-led growth and higher oil prices on the back of the Iran war may force the bank's hand.

2026.8.11

Fed holds rates steady as war risks and dissent grow

The Federal Reserve kept its benchmark rate unchanged in a 9-3 vote, citing elevated inflation, resilience in the U.S. economy and uncertainty from the Iran war.

2026.7.30

BOK raises interest rate for first time in three and a half years

Korea’s central bank lifted its benchmark rate to 2.75 percent, citing inflation, growth and stability concerns as reasons for its first increase since early 2023.

2026.7.16

BOK signals possible rate hike as leverage, inflation risks grow

A recent report by Korea’s central bank noted that increased leveraged stock market trading and rising home prices in Seoul may further heighten volatility.

2026.6.24

Weak won, high oil prices and rate hike concerns weigh on Korean businesses

As the won hits its weakest level since the global financial crisis, Korean companies warn that currency swings, high oil prices and possible rate hikes are squeezing profits and financing.

2026.6.8

An advertisement for a mortgage loan hangs in front of a financial institution in Seoul on May 24. [YONHAP]

Bank lending rates on mortgages fall in April after 6-month upward trend

Banks' household mortgage loan rates fell in April, ending a six-month upward trend, amid tighter regulations aimed at stabilizing the housing market, data showed Friday.

2026.5.29

A screen in Hana Bank's trading room in central Seoul shows the dollar-won exchange rate at 1,500 on May 18. [YONHAP]

Inflation concerns rise as won weakens to 1,500 to the dollar

The won weakened as the exchange rate with the dollar climbed past the 1,500s level and yields on 10-year Treasury bonds rose above 4 percent as the prolonged Iran War renewed concerns over persistent inflation.

2026.5.18

Shipping containers at a dock in Busan on March 31 [NEWS1]

Korean GDP growth forecasts rise to 3 percent, but BOK more likely to hike rates

Korea's real GDP is expected to grow by as much as 3 percent this year after strong exports in the first quarter, according to global investment banks.

2026.5.4