South Korea's central bank has decided to raise the policy rate for the second straight month, and New Zealand's central bank has also decided to raise interest rates further, further accelerating monetary tightening movements in each country as global inflationary pressure increases. I am.
The Bank of Korea, the central bank of South Korea, held a meeting to decide monetary policy on the 26th and decided to raise the policy interest rate by 0.25% to 1.75%.
This is the fifth rate hike since August last year for the second consecutive month.
In South Korea, the consumer price index rose 4.8% compared to the same month last year due to soaring energy prices and other factors, and the Bank of Korea expected at a press conference that `` pressure on rising prices would be greater than initially expected. It is a decision that takes into consideration the fact that it will be done. "
In addition, the Central Bank of New Zealand also decided to raise the policy interest rate by 0.5% to 2.0% on the 25th, and decided to raise the interest rate five times in a row.
It shows that it will continue to raise interest rates until the rise in prices subsides.
In addition, at this month's meeting of the Federal Reserve Board, the central bank of the United States, most participants have indicated that they should decide to raise rates significantly by 0.5% in a row at next month's and July's meetings. As global inflationary pressures increased, central banks in each country were accelerating monetary tightening.