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Articles by #hashtag

interestratedecision

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Economy Hungary

Tight Monetary Policy Needs to Be Maintained

D&T
Feb 25, 2025

At the February meeting of the Monetary Council of the National Bank of Hungary (MNB), the members of the Monetary Council unanimously decided to keep the interest rate at its current level for a longer period of time, according to the Deputy Governor of the MNB, Barnabás Virág. At the press conference following Tuesday's interest […]

Economy Hungary

Central Bank Cuts Base Rate by 50 Basis Points

D&T
Apr 23, 2024

The Monetary Council of the National Bank of Hungary (MNB) cut the key ECB interest rate by 50 basis points to 7.75%, and lowered the two edges of the interest rate corridor by the same amount at its interest rate decision meeting on Tuesday. At its most recent meeting in March, the board cut the […]

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