BOK holds rate at 3% after two straight hikes, signals pause

The Bank of Korea left its benchmark rate at 3% following two consecutive hikes, marking a pause in its tightening cycle. The decision suggests the BOK sees current policy as sufficiently restrictive amid slowing growth, though it leaves the door open for further action if inflation persists. This is a shift from the prior hawkish momentum and signals a more cautious stance.

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