Banks › Bank of Korea › History › 10 Apr 2026
Bank of Korea: decision of 10 April 2026
The Bank of Korea kept its Base Rate at 2.50%.
Decision
hold
- Rate
- 2.50%=2.50%
- Change
- 0 bp
- Vote
- unanimous
- Announced
Sources
- Statement
- bok.or.kr/eng/bbs/E0000627/view.do?nttId=10097453&…
- Minutes
- bok.or.kr/eng/bbs/E0001620/view.do?nttId=10097745&…
- Press conference opening remarks
- bok.or.kr/fileSrc/eng/1095cd540b3e4bafb…
- Recorded
- 10 Apr 2026
- Data
- JSON
What the bank said
The Board said the war in the Middle East had raised upside pressure on inflation, increased downside risks to growth and heightened financial-market volatility, with high uncertainty about its course.
It said CPI inflation rose to 2.2% in March on petroleum prices and was expected to rise to the mid- to upper 2% range, while 2026 growth was expected to come in below its February forecast of 2.0%.
Guidance. The Board said it will decide while closely monitoring developments such as the war in the Middle East and their effects on inflation, growth and financial stability.
Before and after
- Previous decision: 26 Feb 2026, held the Base Rate at 2.50%.
- Next decision: 28 May 2026, held the Base Rate at 2.50%.
- All Bank of Korea decisions and the rate history