The Bank of Korea left its interest rate unchanged on Thursday but kept the door open for rate hikes as both inflation and economic growth forecasts exceed previous projections. At the first meeting of Shin Hyun Song as governor, the policy board decided to hold the base rate at 2.50 percent.Five board members voted to retain the base rate, while two members proposed to hike it by 25 basis points....
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.