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Hungarian rate-setters raise central bank’s base rate by 30 BPS

They also changed the interest rate corridor to between minus 0.25 and 2.15 percent.

At a scheduled meeting held on Tuesday, Hungarian rate-setters raised the central bank’s base rate by 30 basis points to 1.20 percent. They also changed the interest rate corridor to between minus 0.25 and 2.15 percent.