BOK Likely to Make Back-to-back Rate Hike in May: Brokerage

SEOUL, May 7 (Korea Bizwire) — South Korea’s central bank is likely to deliver a back-to-back key interest rate rise in May as part of its efforts to rein in inflation, a major local brokerage house said Friday. The Bank of Korea (BOK) raised its policy rate by a quarter percentage point to 1.5 percent [...]