The Bank of Korea maintains its interest rate at 2.50%

2026-02-26 06:24:28

Investing.com – The Bank of Korea held its sixth consecutive policy rate unchanged on Thursday and raised its economic growth and inflation forecasts for this year.

The Bank of Korea kept its benchmark seven-day repurchase rate at 2.50%. Of the 25 analysts surveyed by The Wall Street Journal, 21 expected this decision.

The last rate cut was in May 2025. Since then, strong demand for Korean chip exports has reduced the need for economic support measures.

The central bank is also concerned that lowering interest rates could weaken the won and increase the risk of excessive household debt growth.

Most analysts expect the bank to keep rates steady this year, with some predicting a rate hike in 2027.

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