New Bank of Korea Chief Could Raise Rates Earlier Than Expected -- Market Talk

Dow Jones03-23

0557 GMT - Newly appointed Bank of Korea chief Shin Hyun-song could raise interest rates earlier than markets expect--possibly in July, ING's Min Joo Kang says. "Though his views will come into closer view at the parliamentary confirmation hearing, Shin's past remarks, coupled with Korea's macroeconomic conditions, suggest he will take a relatively hawkish policy stance," the economist writes in a note. Shin, a senior Bank for International Settlements official, has stressed the need for preemptive and firm action to curb inflation, excessive lending and financial imbalances, Kang says. With a weaker won and higher oil prices set to fuel inflation, elevated household debt could prompt earlier-than-expected rate hikes by the new governor, she adds. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

March 23, 2026 01:57 ET (05:57 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2621872470?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-23 13:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621872470","market":"us","top_or_hot":-1,"title":"New Bank of Korea Chief Could Raise Rates Earlier Than Expected -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0557 GMT - Newly appointed Bank of Korea chief Shin Hyun-song could raise interest rates earlier than markets expect--possibly in July, ING's Min Joo Kang says. \"Though his views will come into closer view at the parliamentary confirmation hearing, Shin's past remarks, coupled with Korea's macroeconomic conditions, suggest he will take a relatively hawkish policy stance,\" the economist writes in a note. Shin, a senior Bank for International Settlements official, has stressed the need for preemptive and firm action to curb inflation, excessive lending and financial imbalances, Kang says. With a weaker won and higher oil prices set to fuel inflation, elevated household debt could prompt earlier-than-expected rate hikes by the new governor, she adds. (kwanwoo.jun@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 01:57 ET (05:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Bank of Korea Chief Could Raise Rates Earlier Than Expected -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew Bank of Korea Chief Could Raise Rates Earlier Than Expected -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-23 13:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0557 GMT - Newly appointed Bank of Korea chief Shin Hyun-song could raise interest rates earlier than markets expect--possibly in July, ING's Min Joo Kang says. \"Though his views will come into closer view at the parliamentary confirmation hearing, Shin's past remarks, coupled with Korea's macroeconomic conditions, suggest he will take a relatively hawkish policy stance,\" the economist writes in a note. Shin, a senior Bank for International Settlements official, has stressed the need for preemptive and firm action to curb inflation, excessive lending and financial imbalances, Kang says. With a weaker won and higher oil prices set to fuel inflation, elevated household debt could prompt earlier-than-expected rate hikes by the new governor, she adds. (kwanwoo.jun@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 01:57 ET (05:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621872470","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621872470","pubTimestamp":1774245420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0557 GMT - Newly appointed Bank of Korea chief Shin Hyun-song could raise interest rates earlier than markets expect--possibly in July, ING's Min Joo Kang says. \"Though his views will come into closer view at the parliamentary confirmation hearing, Shin's past remarks, coupled with Korea's macroeconomic conditions, suggest he will take a relatively hawkish policy stance,\" the economist writes in a note. Shin, a senior Bank for International Settlements official, has stressed the need for preemptive and firm action to curb inflation, excessive lending and financial imbalances, Kang says. With a weaker won and higher oil prices set to fuel inflation, elevated household debt could prompt earlier-than-expected rate hikes by the new governor, she adds. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"韩国央行新任行长可能比预期更早加息——市场讨论","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"0557 GMT - Newly appointed Bank of Korea chief Shin Hyun-song could raise interest rates earlier than markets expect--possibly in July, ING's Min Joo Kang says. \"Though his views will come into closer view at the parliamentary confirmation hearing, Shin's past remarks, coupled with Korea's macroeconomic conditions, suggest he will take a relatively hawkish policy stance,\" the economist writes in a note. Shin, a senior Bank for International Settlements official, has stressed the need for preemptive and firm action to curb inflation, excessive lending and financial imbalances, Kang says. With a weaker won and higher oil prices set to fuel inflation, elevated household debt could prompt earlier-than-expected rate hikes by the new governor, she adds. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 23, 2026 01:57 ET (05:57 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621872470","isCrawlerRequest":true}