Hungary’s Central Bank Keeps Policy Rate at 13%

2022. október 26.

bne IntelliNews

The Hungarian National Bank (MNB) will maintain a tight monetary policy with high interest rates until the country's risk perception improves significantly, which will ensure that inflation expectations moderate, deputy-governor Barnabas Virag said after policymakers left the base rate unchanged at 13% at the monthly rate-setting meeting on October 25. Policymakers left the interest rate corridor unchanged.