Hungary Central Bank Keeps Base Rate at 5.5%
The central bank held its base rate steady at 5.5%, as widely expected, amid upside inflation risks from global energy prices and planned wage rises and tax cuts in next year’s budget.
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Hungary central bank keeps base rate steady at 5.5%
Hungary’s central bank held its base rate at 5.5% on Tuesday, pausing further cuts amid higher global risks and a planned lowering of its inflation goal, in line with a Reuters poll median.