The Bank of Korea is expected to raise interest rates by 25 basis points this Thursday, with the benchmark rate rising to 2.75%

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According to BigGo Finance, the market generally expects the Bank of Korea to raise interest rates by 25 basis points at its meeting this Thursday, raising the benchmark interest rate from 2.50% to 2.75%. Bond market experts predict that the benchmark interest rate will reach 3.00% within the year and rise to 3.25% in the first half of next year.

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