MacroLive Wire · AI-collected
Bank of Korea Delivers Second Straight Rate Hike as Nvidia-Led AI Expansion Continues
- The Bank of Korea tightened monetary policy by 25 basis points to 3% on Thursday, according to MarketWatch.
- The central bank simultaneously raised its growth forecasts, as Asia's third-largest economy is powered by an AI boom that Nvidia's second-quarter results confirmed is far from over.
Published Aug 27Source: MarketWatch ↗