Hungary's central bank lowered its benchmark interest rate further on Tuesday by accelerating the pace of easing in order to boost the economy, thanks to a stronger than expected disinflation process.
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.
BRUSSELS (dpa-AFX) - Hungary's central bank maintained its benchmark interest rates on Tuesday, as policymakers assessed that inflation risks are adequately managed by the current base rate, which