May 25
Hungary: NBH base rate announcement
CB kept the base rate unchanged (9.50%) At its today’s rate setting meeting, the monetary council of the CB kept the base rate unchanged (9.50%), in line with expectations. The statement of the council does not contain many surprises. „The monetary council decided to keep the base rate on hold after considering the outlook for the real economy and inflation as well as the latest financial market developments. The base rate may be reduced if the recent improvement in sentiment continues, and if
