The line saying a downward turn in Korean shares was unlikely is not in the Bank of Korea's report to parliament this time

One sentence is missing.

The Bank of Korea gave the National Assembly's Finance and Economic Planning Committee a business report earlier this month that said the probability of the domestic stock market reversing into a downward trend was limited. Han Dong-hoon at the Seoul Economic Daily reports that the equivalent report submitted on Wednesday does not carry it.

Nothing was substituted in its place.

What the earlier report said

The version from earlier in July, as the paper describes it, warned that share prices would keep showing high volatility because of concerns related to the artificial intelligence industry and changes in global capital flows, and then set that against two supports. One was continued upward revision of semiconductor companies' operating profit forecasts. The other was the government's work on improving the capital market system. On that basis it judged the chance of a trend reversal into decline to be limited.

What Wednesday's report says

The KOSPI, the new report says, is undergoing a significant correction, and it names two causes: concern about a slowdown in artificial intelligence investment, and large-scale net selling by foreign investors. Going forward, it says, the market is expected to react sensitively to external uncertainty, including the outlook for the AI industry, monetary policy changes in major economies and global capital flows.

The bank has not abandoned the supportive half of the argument. It also told the committee that although foreign net selling for portfolio rebalancing continues, sound fundamentals such as large operating profit forecasts at semiconductor companies could limit downward pressure on domestic share prices.

What is gone is the conclusion the earlier report drew from that, not the observation itself. The Seoul Economic Daily attributes the reading that the bank's outlook has turned negative to analysts rather than to the bank, and this item does the same. A removed clause is a fact about a document. Why it was removed is not on the record.

The rate half

Yoon Hu-duk, a Democratic Party member of the committee, asked Governor Shin Hyun-song whether the bank intended one or two further increases in the base rate this year.

Shin did not give a number. He said that maintaining a stance of raising the base rate in order to contain rising core inflation is the most reasonable course, and he restated the bank's position that core inflation matters more than the headline consumer price index in its assessment. The Monetary Policy Board raised the base rate from 2.50 percent to 2.75 percent in July. The next meeting is in August.

What is not readable

The comparison in this item is between two documents that the public cannot open.

The bank maintains a board for National Assembly business report materials. It holds 71 items, it was read this morning, and the newest entry on it is dated 26 February 2026, for the February extraordinary session. Neither July report appears. The board also lags in a way that makes waiting a poor plan: the materials for the August 2025 extraordinary session and for the 2025 parliamentary audit were both posted on 26 January 2026. So the wording quoted above is the Seoul Economic Daily's, translated from Korean by the paper, and this desk could not check it against the report itself.