South Korea central bank to hold rates on October 22, hike in November: Reuters poll

A Reuters poll indicates that the Bank of Korea is widely expected to keep its interest rates steady during its upcoming policy meeting on October 22. However, the survey suggests that the central bank will likely implement a rate hike in November instead.

The anticipated monetary policy path reflects the central bank's ongoing efforts to balance economic recovery with financial stability concerns in South Korea. The upcoming decisions are closely watched by markets as policymakers navigate inflation and household debt pressures.