Markets widely expect the Bank of Korea to raise rates by 25bp on Thursday,
shifting attention to any signals of further tightening. KB Financial Group
analyst Lim Jae-kyun says the BoK could deliver two hikes this year, with a
further move likelier in October than consecutive hikes in July and August.
Hanwha Investment & Securities analyst Kim Sung-soo says the MPC meeting may
adopt an overall hawkish tone; markets will watch for upward revisions to growth
forecasts and wording on the pace of additional hikes. NH Investment &
Securities analyst Kang Seung-won expects the BoK may avoid providing a specific
timetable for further hikes to limit the risks of forward guidance.