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Will the Bank of Korea increase the base rate after the July Meeting?

Increase
Closes Jul 16, 2026 (28d) 24h volume $24 Open interest $7.0K Event Bank of Korea decision in July?
72%
implied YES probability
+3.0pp 24h

Price history

Last 54 days · High 76% · Low 21% · 7d +7.5pp · 30d +73.5pp
76%21%

How this market resolves

This market will resolve according to the change in the base rate resulting from the Bank of Korea’s July monetary policy meeting, relative to the level it was prior to this meeting. The resolution source for this market is information released by the Bank of Korea after its July 16, 2026 policy-setting meeting, as listed on the official Bank of Korea meeting schedule: https://www.bok.or.kr/eng/bbs/E0000627/view.do?nttId=10094301&searchCnd=1&searchKwd=&depth2=400417&depth3=400022&depth=400022&pageUnit=10&pageIndex=1&programType=newsDataEng&menuNo=400022&oldMenuNo=400022 This market may resolve as soon as the Bank of Korea's policy statement for their July 16, 2026 meeting with relevant data is issued. If no decision on the base rate is issued by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

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