{"id":528900,"date":"2026-07-16T11:40:18","date_gmt":"2026-07-16T11:40:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/528900\/"},"modified":"2026-07-16T11:40:18","modified_gmt":"2026-07-16T11:40:18","slug":"south-korean-central-bank-raises-rates-as-economy-shows-strength","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/528900\/","title":{"rendered":"South Korean central bank raises rates as economy shows strength"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/economy\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Economy<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">With the economic boom concentrated among chipmakers, central moves to address inflation<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/images.ft.com\/v3\/image\/raw\/https%3A%2F%2Fcms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com%2Fimages%2F5%2F6%2F0%2F6%2F12806065-1-eng-GB%2F27f36bf7f320-photo_SXM2025061200013223.jpg?fit=cover&amp;gravity=faces&amp;dpr=2&amp;quality=medium&amp;source=nar-cms&amp;format=auto&amp;width=780\" alt=\"20260715 Bank of Korea\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">The central bank announced it would increase the base rate from 2.50% to 2.75% on July 16. (Photo by Mayumi Tsumita)\u00a0<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">BANGKOK &#8212; South Korea&#8217;s central bank raised its key rate for the first time in more than three years on Thursday as it grapples with inflationary pressure at least partially stemming from quickening growth.<\/p>\n","protected":false},"excerpt":{"rendered":"Economy With the economic boom concentrated among chipmakers, central moves to address inflation The central bank announced it&hellip;\n","protected":false},"author":2,"featured_media":528901,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1643,138,1853,219,3643,111,139,69,11596,7676,418,1240,11561],"class_list":["post-528900","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bank","tag-business","tag-central","tag-economy","tag-korean","tag-new-zealand","tag-newzealand","tag-nz","tag-raises","tag-rates","tag-shows","tag-south","tag-strength"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/528900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=528900"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/528900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/528901"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=528900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=528900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=528900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}