BOK paused rate hikes amid lingering inflation and debt concerns.
Context
What happened: The Bank of Korea held its key interest rate at 3 percent on Thursday, pausing after two consecutive hikes.
Key numbers: September consumer prices rose 2.9 percent on-year, down from 3.1 percent in August but above the 2 percent target. Brent crude neared $112 a barrel on Tuesday. Growth could reach 3.6 percent this year, above the BOK's 3.3 percent forecast.
Why it matters: Persistent inflation and financial stability risks complicated the policy outlook, while stronger-than-expected growth reduced the urgency for further adjustments.
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