International Forex News - August 27

August 28, 2026

FDD-global.com

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Guide

Highlights at a glance

The Bank of Korea has raised its policy rate by 25 basis points to 3.00%, marking the second consecutive rate hike. This decision aligns with market forecasts. Meanwhile, the probability of the Federal Reserve keeping rates unchanged at its September meeting stands at 63.5%, with mixed market expectations for further rate movements in October. CME FedWatch analysis indicates evolving possibilities for U.S. interest rate adjustments, ranging from unchanged rates to a cumulative 50-basis-point hike. These developments reflect ongoing global monetary policy tightening efforts to tackle inflation.

Bank of Korea Raises Interest Rates by 25 Basis Points

August 27, News: The Bank of Korea raised its policy rate by 25 basis points from 2.75% to 3.00%. This was the second consecutive policy meeting to deliver a rate hike and was in line with market expectations.

Probability of the Federal Reserve Keeping Rates Unchanged in September Is 63.5%

August 27, News: According to CME FedWatch, the probability that the Federal Reserve will keep rates unchanged by September is 63.5%, while the probability of a cumulative 25-basis-point rate hike is 36.5%. By October, the probability of rates remaining unchanged is 47.3%, the probability of a cumulative 25-basis-point rate hike is 43.4%, and the probability of a cumulative 50-basis-point rate hike is 9.3%.

August 27 Pesticide Daily Review: Temporary Stability and Wait-and-See Sentiment

International Fertilizer and Agriculture News - August 27