Hungary’s Monetary Council Decides to slow the Pace of Tightening Cycle

2021. szeptember 22.

bne IntelliNews

Hungary’s central bankers slowed the pace of tightening at the September 21 meeting, in addition to raising the O/N rates and continuing to cut back government bond purchases. Rate-setters raised the central bank’s base rate by 15 basis points to 1.65% at a scheduled meeting on September 21,  below the 20-30bp hike expected by analysts.