#bankofkoreahikesratesto3%
🇰🇷
Most economists expect the Bank of Korea to hike 25bp Thursday, with some seeing a path toward 3.5% to 3
.75% by early next year.
South
Korea's high household and corporate leverage means a hike here is not a marginal move. It compresses equity valuations, raises corporate borrowing costs and pushes up debt service ratios on Jeonse loans and mortgages, the same three channels July's hike to 2.75% already tightened. A second hike this cycle pushes all three further.
$CRV
$CLO
$RUNE
🇰🇷
Most economists expect the Bank of Korea to hike 25bp Thursday, with some seeing a path toward 3.5% to 3
.75% by early next year.
South
Korea's high household and corporate leverage means a hike here is not a marginal move. It compresses equity valuations, raises corporate borrowing costs and pushes up debt service ratios on Jeonse loans and mortgages, the same three channels July's hike to 2.75% already tightened. A second hike this cycle pushes all three further.
$CRV
$CLO
$RUNE
