Bank of Korea says rate decision was unanimous

The unanimity matters less than the forward guidance: the Bank of Korea is explicitly keeping the door open to more tightening while tying the pace to inflation, growth and financial stability rather than committing to a path. The named focus on housing-market imbalances and household debt signals that financial-stability concerns, not just consumer prices, now shape the reaction function — a relevant backdrop for Korean rate-sensitive assets and the won. Whether inflation staying above target for a considerable period forces a faster move, or whether the drag from the prior two hikes argues for patience, is the open question.