BOK August Rate Decision: 5 of 7 Securities Firms Expect a Hike…2.75% or 3.00% Is the Key Question
As of 2026-08-21 at 2:47 PM, 5 of 7 domestic and international securities firms in a recent survey expect the Bank of Korea to raise its benchmark interest rate by 0.25% percentage points in August. The current benchmark rate is 2.75% per year, and an additional increase of 0.25% percentage points would bring it to 3.00% per year. However, this remains a market forecast, and the rate decision will be made by the Monetary Policy Board on August 27.