Bank of Korea expects November inflation to stay in upper 2% range

The significance here is the persistence, not the level: inflation expected to stay in the upper 2% range signals price pressures remain above the 2% target rather than converging toward it, which keeps the policy backdrop tighter for longer than an easing narrative would suggest. The read-through extends beyond Korea's local market, since sticky inflation in a major Asian economy shapes the regional rate environment that crypto and RWA allocators price against. The open question is whether this is a plateau or a slower grind lower, and what the central bank's next policy communication reveals about its tolerance for above-target inflation.