issue skylark
Lifestyle information, sports, breaking news, economics, and hot entertainment-­

issue skylark

Fast and accurate coverage of lifestyle information, sports, breaking news, economic developments, and hot issues in the entertainment industry.

Latest

1–4 / 4 articles
Public-domain image of the Bank of Korea headquarters building
Economy & Finance

Bank of Korea Raises Base Rate to 3.00% for Second Straight Month—What It Means for Loan Rates

The Bank of Korea’s Monetary Policy Board raised the base rate from 2.75% to 3.00% on August 27, 2026. This was the second consecutive monthly increase following July’s hike. The Bank of Korea raised its 2026 growth forecast to 3.3% and cited inflation and financial-stability risks. The effects on loans, deposits, exchange rates, and stock markets may vary depending on the product and market conditions.

Public-license image of the Bank of Korea headquarters and the Bank of Korea Money Museum
Economy & Finance

The Base Rate Is 3.00%, but the Growth Outlook Is 3.3%… The Bank of Korea Sends Mixed Signals

On August 27, 2026, the Bank of Korea’s Monetary Policy Board raised the base rate from 2.75% to 3.00%, an increase of 0.25 percentage points. At the same time, it raised its forecast for real GDP growth in 2026 from 2.6% to 3.3%. The bank viewed semiconductor conditions, exports and investment, and the recovery in consumption positively, while determining that preemptive action was needed against inflation and financial stability risks.

Official portrait of Federal Reserve Chair Kevin M. Warsh, released under a public license
Economy & Finance

Kevin Warsh’s Jackson Hole Remarks Spark Reaction to Possible September Rate Hike—A Conditional Signal, Not a Decision

Federal Reserve Chair Kevin Warsh said in his Jackson Hole speech that PCE inflation remained above the 2% target and that the Fed still had work to do unless there was confidence that underlying inflation was slowing at a sufficient pace. However, his comments did not signal a specific rate decision, and whether the Fed will raise rates at the September FOMC meeting has not yet been decided.