Shin Hyun-song, governor of the Bank of Korea, speaks during a press conference after a monetary policy meeting at the central bank's headquarters in Seoul on July 16, 2026. South Korea's central bank hiked interest rates on July 16, for the first time in more than three years and indicated more to come amid robust economic growth fuelled by the AI chip boom, persistent inflation and risks to financial stability. (Photo by Jung Yeon-je / AFP via Getty Images)