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Bank of Korea to Likely Make Next Rate Adjustment in October, Meritz Securities Forecasts

2026-07-21 03:02:18

According to Meritz Securities analyst Lee Seung-hoon, on July 21, the Bank of Korea will likely make its next rate adjustment in October, rather than implementing consecutive hikes as in past cycles. The analyst noted that while semiconductor-driven export strength is supporting economic growth, the current financial environment differs from previous consecutive rate-hike periods. Unlike past cycles, credit loan growth stands at 3.9% year-on-year as of June, below nominal GDP growth, and apartment price increases remain concentrated in the Seoul region without reaching the 0.5% weekly surge seen in 2021.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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