跟进：韩国央行决议后市场股债分化 KOSPI与KOSDAQ双双跌逾3% 行长称通胀预计2027年才达标、利率明年或保持3%以上
首尔——韩国央行按下加息暂停键之后，韩国金融市场走出股债分化的一天。据韩联社报道，韩国央行行长申铉松在 10 月 22 日决议后表示，在年化通胀降至 2% 左右的目标区间之前，央行将维持紧缩倾向；他预计通胀达到目标要等到 2027 年，这意味着基准利率明年可能全年保持在 3% 以上。
债市率先给出反应：韩国国债价格上涨，2 年期国债收益率下跌 1.2 个基点至 3.771%，10 年期国债收益率下跌 1.2 个基点至 4.148%。股市则大幅走低，KOSPI 与 KOSDAQ 两大指数双双下跌逾 3%。外汇市场相对平静，韩元兑美元在韩联社发稿时报 1,323.9。
韩国央行当天早些时候将基准利率维持在 3.00% 不变。7 月与 8 月连续两次加息各 25 个基点后，行长申铉松此前一再强调，那两步是为抢在通胀压力坐实之前采取的「先行措施」，后续动作取决于数据。
After the BOK Hold: KOSPI and KOSDAQ Fall More Than 3% as Governor Sees Inflation Reaching Target Only in 2027
SEOUL — South Korean markets split after the Bank of Korea kept its base rate at 3.00 percent on Thursday, October 22. According to Yonhap News Agency, Governor Shin Hyun-song said after the decision that the central bank would maintain a tightening bias until annualised inflation comes down to its target range of around 2 percent, and that he projected the goal would be reached in 2027 — indicating the base rate could stay above 3 percent through next year.
Government bonds rallied: the two-year yield fell 1.2 basis points to 3.771 percent and the 10-year yield fell 1.2 basis points to 4.148 percent. Stocks fell sharply, with both the KOSPI and the KOSDAQ dropping more than 3 percent. The won was quoted at 1,323.9 per dollar at the time of Yonhap's report.
The decision earlier in the day left the base rate unchanged at 3.00 percent. The central bank had raised rates by 25 basis points in each of July and August, moves Governor Shin has repeatedly described as preemptive steps taken before inflation pressures became entrenched, with further moves dependent on incoming data.
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图片来源：Wikimedia Commons · bada.kbs.co.kr · KOGL Type 1
GSM Global · 本篇英文版 English edition of this story
- 2026-10-21 22:29韩国央行维持基准利率3.00%不变 连续两次加息后暂停 行长称将维持紧缩立场至通胀回落至目标
- 2026-10-22 00:03跟进：韩国央行决议后市场股债分化 KOSPI与KOSDAQ双双跌逾3% 行长称通胀预计2027年才达标、利率明年或保持3%以上本篇
