Hungary central bank leaves base rate steady at 5.5%
Hungary’s central bank held its base rate at 5.5% on Tuesday, pausing prior rate cuts while citing rising inflation risks and global uncertainty. The move matched the Reuters poll median forecast and includes a planned lowering of its inflation goal.
5% on Tuesday (HUINT=ECI), as expected, pausing a sequence of rate cuts amid higher global risks and a planned reduction in its inflation target. The decision matched the median forecast in a Reuters poll last week. One economist projected…