Hungary Cuts Rate
Cuts Overnight Deposit Rate from 5.25% to 5.00% - - Cuts Collateralized Loan Rate from 7.25% to 7.00% - - **Note: Resumes rate cuts under the current phase of its easing cycle. - - **Reminder: Hungary Central Bank post rate decision press statement expected at 09:00 ET (13:00 GMT) - - **Insight: Hungary Central Bank has cut the Base Rate 13 times in the current easing cycle by a total of 700bps.
Cuts Overnight Deposit Rate from 5.25% to 5.00% - - Cuts Collateralized Loan Rate from 7.25% to 7.00% - - **Note: Resumes rate cuts under the current phase of its easing cycle. - - **Reminder: Hungary Central Bank post rate decision press statement expected at 09:00 ET (13:00 GMT) - - **Insight: Hungary Central Bank has cut the Base Rate 13 times in the current easing cycle by a total of 700bps.