[Korea Now Today's Headline] 05/26/THU
1. South Korean and the U.S defense ministers said Wednesday that the two countries will strengthen the extended deterrence to firmly and effectively respond to North Korea’s provocations.
2. The Bank of Korea increased its benchmark rate by 0.25 percentage point to 1.75% after the monetary meeting today. Central bank’s two straight months of rate hikes is the first in 15 years.
3. South Korea saw 18-thousand 8-hundred-16 new COVID-19 infections on Thursday. Meanwhile, North Korea on Wednesday reported 105-thousand 5-hundred new suspected COVID-19 cases, and 0 death.