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Hungary Holds Rates Steady As Inflation Expected To Remain High
The Hungarian central bank left its interest rates unchanged again, on Tuesday, as policymakers assessed that tight monetary conditions were needed amid forecast that inflation is set to remain beyond the tolerance level in the coming months.
RTTNews | 55 दिनों पहले
Hungary Holds Base Rate Steady At 13%, Slashes Lending Rate By 450 Bps
The Hungarian central bank left its key interest rate unchanged on Tuesday, but slashed the overnight lending rate, which was raised significantly in October last year amid the financial market turbulence, as policymakers assessed that the inflation risks are manageable and the financial market concerns have subsided.
RTTNews | 937 दिनों पहले
Hungary Tightens Monetary Policy To Combat High Inflation, External Pressures
Hungary's central bank took extraordinary measures on Friday to support the weakening forint after Prime Minister Viktor Orban urged the finance minister and the central bank governor to curb inflation that hit a 26-year high in September. The Monetary Council of the National Bank of Hungary decided to raise the upper bound of the interest rate corridor, leaving the base rate unchanged at 13.0 pe
RTTNews | 1130 दिनों पहले
