Bank of Korea expected to hold interest rates steady through 2026 as housing and currency risks persist
Policymakers will likely hold rates at 2.50 percent this Thursday to manage a weak currency and rising home prices. Rates should remain steady through 2026.
Insights:
A Reuters poll of 34 economists has found that the Bank of Korea is expected to maintain its policy interest rate at 2.50 percent through the end of 2026. The unanimous forecast, based on a survey conducted between February 19 and 23, comes just ahead of the central bank's scheduled meeting on February 26. This consensus highlights a continued policy pause in South Korea 
KR as officials navigate complex economic pressures, including a volatile foreign exchange market and persistent risks within the domestic housing market.
KR as officials navigate complex economic pressures, including a volatile foreign exchange market and persistent risks within the domestic housing market.
