Bank of Korea & Interest Rates

Bank of Korea and interest rate news — monetary policy decisions, rate outlook, and economic impact.

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Busan Bank Launches 1 Trillion Won Customizable Deposit at 3.4%

BNK Busan Bank launched a 1 trillion won customizable fixed-deposit promotion offering up to 3.4% annual interest, letting customers choose their term and preferential conditions through Aug. 31.

Published 2026.06.08. 10:51:26

US Inflation in Focus as SpaceX IPO Looms as Big Event

This week brings Korea's Q1 GDP and May employment data, US May CPI ahead of the FOMC, an ECB rate decision, and SpaceX's Nasdaq listing dubbed the "IPO of the century."

Published 2026.06.08. 07:53:09

Korea to Maintain 20 Trillion Won Bogeumjari Loan Supply This Year

Korea's financial authorities will maintain the Bogeumjari Loan supply at 20 trillion won this year despite policy lending cuts, with 48% of the annual target already disbursed in four months.

Published 2026.06.07. 16:50:25

'S·T·O·R·M' Fears Mount: "Old Economic Wisdom Won't Find Solutions"

Former Korean economic chiefs warn the "3 Highs" of high exchange rate, inflation, and interest rates need macro-level solutions, not micro fixes, urging fiscal restraint and reshoring policies.

Published 2026.06.05. 18:23:40

40-Year Low-Rate Era Ends as the Order of Money Shifts

Bloomberg economists warn in "Money Shock" that four decades of cheap money are ending, with the US neutral rate forecast to peak near 2.8% by the 2030s amid aging populations and rising debt.

Published 2026.06.05. 18:12:22

Korea Must Prepare for Real Economy Risks Ahead of Rate Hike

The Bank of Korea froze its benchmark rate at 2.5% for an eighth straight time but signaled an imminent hike. Korea must prepare for real economy shocks.

Published 2026.05.29. 24:05:05

Korea Household Debt Nears 2,000 Trillion Won, Demanding Pre-emptive Action

Korea's household debt reached 1,993.1 trillion won in Q1, nearing the 2,000 trillion won mark, as non-bank housing loans surged 8.2 trillion won amid balloon effect concerns.

Published 2026.05.20. 24:01:05

Brace Korea's Weak Links for Default Risk Amid Rising Rates

As U.S. 10-year Treasury yields breach 4.5% and Korea's three-year bond yield jumps to 3.76%, weak links including SMEs and self-employed face mounting default risk amid K-shaped polarization.

Published 2026.05.18. 05:32:52

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