Bank of Korea to Decide on Rate Hike on July 16; Market Expects Up to 100bp Increase by H1 2027

According to Kim Nam-hyun's Column, South Korea's central bank will decide on its base rate on July 16, with markets viewing the decision as the start of a rate-hike cycle. Market participants expect potential rate increases of up to 100 basis points through the first half of 2027, with some analysts discussing the possibility of a 50bp single increase or consecutive 25bp hikes in July and August.
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