▲ Lee Chang-yong, Governor of the Bank of Korea
The Monetary Policy Committee of the Bank of Korea will hold a monetary policy direction meeting at 9 am today (25th) and decide whether to adjust the base rate, which is currently 2.25% per annum.
Among experts, the prospect that the MPC will raise the key interest rate by 0.25 percentage points more in consideration of the high inflation rate, etc., prevails.
If the Bank of Korea raises the base rate today, interest rates will rise for the first time in history for the fourth time in a row.
At the same time, the BOK also provides a revised economic outlook.
The consumer price inflation forecast for this year, which is currently 4.5%, is expected to be raised to the 5% range.
(Photo = Photo Joint Investigation Foundation, Yonhap News)