{"id":"BOK","institution":"Bank of Korea","body":"Monetary Policy Board","card_type":"rate_decision","decision":"hike","bank_rate":3,"bank_rate_unit":"percent","previous_bank_rate":2.75,"change_bps":25,"vote":"6-1","dissent":"Hwang Kunil (voted to keep the Base Rate unchanged at 2.75%)","meeting_ended":"2026-08-27","published":"2026-08-27","next_decision":"2026-10-22","inflation":2.8,"inflation_target":null,"summary":"FREE SAMPLE, older example: previous meeting (2026-08-27). The paid card is the latest decision. Source: Bank of Korea, Monetary Policy Decision, 27 August 2026 (English press release). Quoted as published: \"The Monetary Policy Board of the Bank of Korea decided today to raise the Base Rate by 25 basis points from 2.75% to 3.00%.\" and \"Six Monetary Policy Board members supported the decision to raise the Base Rate, while one member, Hwang Kunil, voted against the decision, proposing to keep the Base Rate unchanged at 2.75%.\" inflation is July consumer price inflation: \"Consumer price inflation declined to 2.8% in July\". The statement does not give a numeric inflation target. next_decision (22 October 2026) is the following Monetary Policy Board decision. Not investment advice.","why_it_matters":"Quoted as published (Bank of Korea, 27 August 2026): \"the growth rate is forecast at 3.3% for this year and 2.9% for next year, both significantly higher than the May forecasts of 2.6% and 2.1%, respectively.\" and \"the Board will decide the timing and pace of further increases in the Base Rate\". Source: Bank of Korea, https://www.bok.or.kr/eng/bbs/E0000627/view.do?nttId=11064194&menuNo=400022","source_url":"https://www.bok.or.kr/eng/bbs/E0000627/view.do?nttId=11064194&menuNo=400022","generated_at":"2026-10-24T19:58:07.194Z"}