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Base Rate Raised by 30 Basis Points by Hungary’s Central Bank

2021. november 17.

HUNGARY today

Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10 percent while also raising both sides of the interest rate corridor by 30 basis points. Following 15 basis point hikes in the previous two months, the policymakers accelerated the tightening cycle after inflation hit 6.5 percent in October.

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