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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 to Resume Monetary Easing After Fed Cut
Hungary is poised to resume monetary easing after 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,
2h
on MSN
Hungary's Orban aims to lift growth above 3% next year as 2026 vote looms
Hungary is aiming to lift economic growth into the 3% to 6% range next year, Prime Minister Viktor Orban said on Wednesday, ...
Budapest Business Journal
29m
AI Summit 2024: Hungary’s Role in the Artificial Intelligence Revolution
The AI Summit 2024 Budapest drew leaders from industry, government,and academia, highlighting Hungary’s determination to use ...
EURACTIV
1h
Hungary to drop reference to telecoms market consolidation in new Council conclusions
The Hungarian Presidency of the Council of the EU should delete any reference to consolidation in the telecommunications ...
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 ...
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 ...
16h
on MSN
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 ...
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 ...
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 ...
22h
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 ...
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