Published Aug 27, 2026, 5:34 AM ET · Updated 3 months ago · 1 source
Second straight rate hike for Asia’s number-three economy as Nvidia-led AI expansion continues
MarketWatch
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Original Report
The Bank of Korea tightened monetary policy by 25 basis points to 3% Thursday while simultaneously raising growth forecasts. Asia’s third-largest economy is being powered by an AI boom that Nvidia’s second-quarter results confirmed is far from being over.