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Hungary central bank resumes rate cuts
Hungary central bank resumes rate cuts, flags caution in further policy steps
The National Bank of Hungary (NBH) cut its base rate by another 25 basis points to 6.5% on Tuesday, aided by a fall in inflation and last week's larger-than-usual cut by the U.S. Federal Reserve.
Hungary’s central bank maintains cautious stance, cuts base rate by 25bp to 6.5%
After a pause in the easing cycle in August, the Hungarian National Bank (MNB) reduced the base rate by 25 basis points to 6.5% on September 24, in line with projections. The Monetary Council also reduced the overnight deposit rate by the same clip to 5.
Hungary Resumes Monetary Easing After Fed and ECB Rate Cuts
Hungary resumed monetary easing as slowing inflation and interest-rate cuts by major global central banks widened policymakers’ room for maneuver.
Hungary central bank resumes rate cuts as inflation eases
The National Bank of Hungary (NBH) cut its base rate by another 25 basis points to 6.5% on Tuesday, aided by a fall in inflation and last week's larger-than-usual cut by the U.S. Federal Reserve. The NBH,
18h
Hungary Oil Trader Will Handle Bulk of Russian Flows to Slovakia
A Hungarian oil trader will handle the bulk of Russian flows to Slovakia after parent company Mol Nyrt. struck a deal with ...
1h
Weak investments in Hungary drag growth
EUR/USD is trading close to 1.1200, holding gains in early European trading on Wednesday. Sustained US Dollar weakness on ...
13h
100-pound lake monster caught by angler in Hungary. See the potential world record
Kacper Stępień, an amateur fisherman from Kraków, Poland, traveled to Hungary to fish Euro Aqua Lake, he said in a Sept. 16 ...
4d
Woman whose firm was linked to exploding pagers is being protected by Hungary's secret service, her mother says
Cristiana Bársony-Arcidiacono has not appeared publicly since the deadly attack that targeted Iran-backed Hezbollah and that ...
6d
on MSN
Hungary refuses to pay fines for breaking EU asylum rules. Brussels is taking the money anyway.
The European Union has begun the process of clawing back hundreds of millions of euros in funds meant to go Hungary.
The Bulwark
2d
Hungary Accused of Treating U.S. Alliance with “Recklessness”
Describing in considerable detail the many ways in which Viktor Orbán’s government violates democratic values and acts to ...
4d
CEO of Company Linked to Exploding Pagers Reportedly Protected by Hungary
Arcidiacono, the CEO of the company linked to the Hezbollah pagers that exploded, is reportedly under Hungarian protection.
1d
Flooding did not pose threat to Hungary's only nuclear power plant
The flooding as a result of the heavy rainfall across Central Europe did not pose a risk to the Paks nuclear power plant's ...
1d
Hungary Calls on EU to Rework Asylum Pact or Risk Its Collapse
One of the European Union’s strongest anti-immigration governments is warning that the bloc’s asylum policy is nearing a ...
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