Hungary central bank cuts base rate by 25 bps to 5.5%
Hungary’s central bank delivered its third successive quarter-point base rate cut to 5.5% in a unanimous August decision, according to minutes released Wednesday.
5% in a unanimous decision last month, the minutes of its August 25 policy meeting showed on Wednesday. “The decision makers agreed that the decision would be made on the future path of the base rate based on the Septe…”