6 articles
South Korea's September inflation remained firm at 2.9%, supporting the central bank's rate hike path as rising oil and semiconductor prices increase consumer costs.
Gold prices extended gains as progress in the Strait of Hormuz deal lowered rate-hike odds, easing inflation pressures. Separately, the Bank of Korea announced its first purchase of domestically refin
South Korea's consumer inflation eased to 2.8% in July, driven by a 5.5% drop in petroleum prices, though officials warn of persistent geopolitical risks. The Bank of Korea remains cautious following
BOK's new board member links surging oil prices and housing risks to inflation, signaling a potential shift toward higher interest rates.
South Korea's consumer inflation accelerated to 2.6% in April, driven by surging energy costs and import prices linked to Middle East tensions. Rising oil prices and currency weakness may force the Ba
South Korea's new central bank chief Shin Hyun Song signaled a cautious monetary policy stance amid inflation pressures from rising oil prices and Middle East supply shocks. He emphasized managing imp
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