Before stepping down, the Deputy Governor of the Bank of Korea took a hawkish stance: Wage increases in the semiconductor industry have become a new driver of inflation, and the possibility of further interest rate hikes is "very high."

According to the Zhitong Finance APP, with only one week left in his term, Bank of Korea Senior Deputy Governor Yoo Sang-dae stated on Tuesday that unless there are extreme shocks, the likelihood of further increasing the benchmark interest rate by the central bank is "very high." He specifically pointed out that as the semiconductor industry's prosperity expands, rising wages in the information technology sector are resulting in persistent upward pressure on prices.