Hanwha Investment & Securities strategist Sung-soo says the Bank of Korea’s hold and lack of clear forward guidance imply policymakers are comfortable with the market‑implied path for policy rates. He expects two further gradual hikes—in November and next February—raising the terminal rate to 3.50%, which he forecasts will be maintained through end‑2027.

2026-10-22

Hanwha Investment & Securities strategist Sung-soo says the Bank of Korea’s hold and lack of clear forward guidance imply policymakers are comfortable with the market‑implied path for policy rates. He expects two further gradual hikes—in November and next February—raising the terminal rate to 3.50%, which he forecasts will be maintained through end‑2027.