
BOK HOLDS RATE AT 3% AFTER BACK-TO-BACK HIKES
South Korea's central bank held its benchmark rate at 3.00% on Thursday, pausing after two rare back-to-back quarter-point hikes in July and August. The pause follows inflation cooling to 2.9% in September from 3.1% in August, easing pressure for a third straight increase tied to the chip and AI-export boom that pushed growth higher this year. $EWY investors now watch whether the Bank of Korea resumes tightening in November.