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All 19 South Korean Financial Institutions Expect BOK to Raise Rates by 25bp to 2.75% in July

2026-07-10 01:09:25

According to a Yonhapinfomax survey of 19 domestic and foreign financial institutions on July 10, all respondents expect South Korea's central bank to raise its benchmark rate by 25 basis points to 2.75% this month. No experts anticipated consecutive rate hikes. Most of the 18 responding analysts surveyed expect rates to remain at 2.75% through September, with one additional increase forecast for October or November. Analysts cited strong economic growth, inflation reaching 3%, and rising leverage as supporting the July rate hike, alongside persistent weakness in the won at levels above 1,500 to the dollar.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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