MNI BOK WATCH: Board Likely To Hike, Despite Softer CPI

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Aug-26 01:46By: Hiroshi Inoue
Bank of KoreaSouth Korea

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The Bank of Korea is likely to raise its base rate 25 basis points to 3.00% on Thursday to counter persistent inflationary pressure and an economy supported by robust semiconductor exports driven by global AI demand, despite some softer economic data...