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South Korea raises interest rates again to combat soaring inflation

South Korea s central bank on Aug. 25 raised its benchmark interest rate again, following its first "big-step" rate hike the previous month, to further fight soaring inflation amid increased economic downside risks. ....

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South Korea delivers historic half-point hike to tame inflation

SEOUL, July 13 ― South Korea's central bank today delivered a historic half-point interest rate hike to tame fast-growing inflation, particularly soaring energy costs. ....

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South Korea's inflation touches 24-year high in June, policy rate hike expected

The consumer price index (CPI) rose 6.0% in June from a year earlier, government data showed on Tuesday, the fastest since November 1998 and exceeding the central bank's 2% target for the 15th consecutive month. ....

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Inflation in South Korea surges to 24-yr high

South Korea s consumer prices rose at the fastest clip in nearly 24 years in June, mainly due to soaring energy costs, government data revealed on Tuesday. ....

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