Korea's central bank sharply raised its economic growth forecast for this year on Thursday, in a move that aligns with its signal of further interest rate hikes ahead, but held the benchmark interest rate steady at 2.5 percent.

South Korea's central bank kept its benchmark interest rate unchanged on Thursday, signaling that a shift toward a tighter monetary policy stance could come soo

SEOUL, May 28 : The Bank of Korea kept its benchmark interest rate unchanged on Thursday, while a hawkish split within its seven-member board signaled an imminent turn toward a…