BigGo Finance, citing market sources, reports markets broadly expect the BANK OF
KOREA to raise the policy rate by 25bps to 2.75% from 2.50% at this Thursday’s
meeting. That would be the first increase since January 2023 and likely signal
the start of a tightening cycle. Bond strategists forecast further hikes to
3.00% by year-end and 3.25% in 1H next year, implying borrowers should price in
at least a year of rising rates.
