News in Brief
NBH rate-setters cut base rate by 50 basis points to 7.75%
The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
Hungarian Central Bank
H
News in Brief
Central bank rate-setters reduce base rate by 75 basis points
The NBH has lowered its forecast for 2024 average annual inflation to 3.5-5.0% from 4.0-5.5% in the previous report.
News in Brief
NBH cuts base rate by 75 basis points
The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 9.00% and the O/N collateralised loan rate to 11.00%.