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Second straight rate hike for Asia’s number-three economy as Nvidia-led AI expansion continues

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Second straight rate hike for Asia’s number-three economy as Nvidia-led AI expansion continues

The Bank of Korea tightened monetary policy by 25 basis points to 3% Thursday while simultaneously raising growth forecasts. Asia’s third-largest economy is being powered by an AI boom that Nvidia’s second-quarter results confirmed is far from being over.

Second straight rate hike for Asia’s number-three economy as Nvidia-led AI expansion continues

Source：MarketWatch

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Source：https://www.marketwatch.com/story/second-straight-rate-hike-for-asias-number-three-economy-as-nvidia-led-ai-expansion-continues-2dc36145