BOK delivers yet another quarter-point rate hike to fight inflation

Bank of Korea (BOK) Gov. Rhee Chang-yong (C, rear) presides over a Monetary Policy Committee meeting at the central bank in Seoul on Jan. 13, 2023. The central bank raised its policy rate by a quarter percentage point to 3.5 percent as it focuses on tackling persistently high inflation despite mounting worries over an economic slowdown. (Pool photo) (Yonhap)

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