Bank Experts See Rate Hike in Second Half, Urge Cash and Diversification

In Seoul, banking experts said the Bank of Korea could raise its benchmark interest rate in the second half of this year. They advised investors to prepare for a changing rate environment by securing enough cash-like assets and avoiding concentration in any single asset through diversified investment. A possible base-rate increase may affect decisions across deposits, loans and investment products, making portfolio review more important for financial consumers. Experts cited liquidity management and risk diversification as key responses amid continued uncertainty. Source: yna.co.kr