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Analysts Warn of Slight Recession on the Horizon

The Monetary Council has kept the key interest rate at 13%, which is not expected to change any time soon. Meanwhile, some analysts already see worsening outlooks for Hungary’s economy.

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MNB Cuts O/N Collateralized Loan Rate

MNB Cuts O/N Collateralized Loan Rate
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Central Bank in Hungary Leaves Base Rate on Hold Again at 13%

The Monetary Council of the National Bank of Hungary (NBH) decided to leave the base rate on hold at 13.00%, but voted to cut the central bank’s O/N collaterali

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Policy makers leave base rate on hold at 13 percent, cut O/N collateralised loan rate

Policy makers leave base rate on hold at 13 percent, cut O/N collateralised loan rate
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Hungarian banker Buza, economist Kovacs to join central bank monetary council - sources - Stock market news

BUDAPEST (Reuters) - Hungary's ruling Fidesz party will nominate banker Eva Buza and economist Zoltan Kovacs to fill two expiring seats on the central bank's rate-setting Monetary Council next week, two sources familiar with the matter told Reuters. | 03:18am

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