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Hungary's Central Bank Cuts Base Rate to 5.5% Amid Low Inflation
The Hungarian National Bank (MNB) has cut its base interest rate to 5.5%, continuing its easing cycle. This decision comes as inflation in Hungary reaches a decade-low, with further steps to be guided by the September inflation report.
25 Aug, 12:00 — 25 Aug, 14:15
The Story
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Source Diversity
Moderate (47/100)4 sources30/33
Spectrum spread— 2/5 buckets covered8/33
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Left (2)
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Center2
Center (2)
budapest-timesbloomberg
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Geographic diversity— 2 regions9/34
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Sources
Showing 2 of 4 sources
bloombergHigh10h ago
Hungary Cuts Interest Rate Again With Inflation at Decade-Low
Hungary’s central bank delivered its third consecutive interest rate cut after the inflation rate fell to the lowest level in a decade.
By Zoltan Simon
Read full article →budapest-timesMixed7h ago
MNB Cuts Base Rate to 5.5%, September Inflation Report to Guide Next Steps
The Monetary Council of the National Bank of Hungary (MNB) cut the central bank base rate by 25 basis points to 5.5% at its monthly policy meeting on Tuesday, in line with expectations.
By BBJ
Read full article →Coverage Timeline
First report: bloomberg · 25 Aug, 12:00|Full coverage: 4 · 2h|Window: 2h
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