South Korea’s central bank has raised interest rates for a second straight month, with analysts saying its semiconductor boom has given policymakers room to confront inflation, a weak won and rising home prices, but at the cost of a deeper squeeze on indebted households and small businesses. The Bank of Korea (BOK) lifted its benchmark rate by 0.25 percentage point to 3.0 per cent on Thursday, a month after an identical increase took it to 2.75 per cent in July. The latest move brought the rate...
UPVOTERS
Community appreciation
See who found this content valuable and showed their support.
TOPICS
Explore the same topics
Discover more content from the topics this post is mapped to.
Keep browsing
Explore more from this topic
Dive into the full feed of curated posts covering Automotive News & Trends.
Discussion
Get the discussion rolling
A single comment can start something great.