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Central Banks

2 stories on Central Banks, newest first.

1 min read3 sourcesBearish

South Korea's central bank raises rates for first time in 3.5 years

The Bank of Korea (BOK) has raised its key interest rate for the first time in three and a half years, signaling that more increases may be on the way. The move reflects growing pressure to tackle persistent inflation and strengthen the won currency after an extended period of accommodative monetary policy.

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2 min read6 sourcesBullish

Gold and Metals Caught Between Central Bank Demand and High Rate Headwinds

Gold and silver are facing conflicting pressures: central banks are actively accumulating precious metals as an alternative to U.S. Treasuries, but persistently high interest rates continue to cap gains for both metals. Meanwhile, softer-than-expected jobs data has eased rate-hike concerns and boosted broader equities.

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