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Central Bank Remains Cautious and Patient

Central Bank Remains Cautious and Patient
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Monetary Relaxation to Continue at Same Pace

In line with expectations, Hungary’s central bank cut the base rate by 75 basis points at its regular policy meeting on Nov. 21. According to analysts and the bank’s communication, this pace of interest rate cuts may continue for months to come. ....

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Policymakers Cut Central Bank Base Rate by 75 bp to 12.25%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 75 bp to 12.25% at a monthly policy meeting on Tuesday, according to a report by state news wire MTI. ....

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Exclusive-Hungary Central Bank Could Cut Base Rate to 10-11% by Year-End -Rate-Setter

Exclusive-Hungary Central Bank Could Cut Base Rate to 10-11% by Year-End -Rate-Setter
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Optional Reserves Rate to Be Level With Base Rate From Oct 1

The Monetary Council of the National Bank of Hungary (MNB) decided on Tuesday that the rate the central bank pays on reserves over the mandatory threshold will be level with the base rate from October 1, according to a report by state news wire MTI. ....

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