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Goldman Sachs delays Bank of Korea rate hike forecast to 2027

Original: Goldman Sachs: Bank of Korea's next rate hike is likely to be in Q1 2027, not this November

Goldman Sachs says the Bank of Korea's next interest rate hike is now more likely to come in the first quarter of 2027, rather than November as previously expected. The revised call suggests the US bank sees Korean inflation and economic conditions keeping policymakers on hold far longer than markets may have anticipated, drawing attention from investors tracking Asian monetary policy.

Why now: Investors are reassessing the timing of monetary tightening in South Korea after Goldman Sachs pushed back its rate hike forecast.

Goldman SachsBank of KoreaSouth Korea

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