Economy · Important news for 28 August 2026
U.S. economy grows at a sluggish 1.5% pace in the second quarter
US-Canada Trade Talks Collapse Amid Escalating Tariff Threats
Bank of Korea Delivers Second Consecutive Rate Hike Amid AI-Driven Growth
The Bank of Korea raised its policy rate by 25 basis points to 3% and upgraded growth forecasts, underpinned by an ongoing AI expansion confirmed by strong tech earnings.
- The Bank of Korea raised its policy rate by 25 basis points to 3%.
- Growth forecasts for South Korea were upgraded.
That's all the important news for now
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