Korea Raises Rates Amid Strong Growth | San Francisco News

South Korea’s central bank just hiked interest rates for the first time in three years, boosting them by a quarter point to 2.75% to battle rising inflation and curb runaway household debt — a move fueled by global AI demand driving strong semiconductor exports and an unexpectedly resilient economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/490aac6d3afbfe8f