Monetary policy

News in Brief

Central Bank keeps base rate on hold

The Council said it was necessary to maintain tight monetary conditions over a prolonged period, “which will ensure that inflation expectations are anchored and the inflation target is achieved in...

News in Brief

Central bank raises base rate by 100 bp

The Monetary Council also decided on Tuesday to raise the O/N deposit rate by 100 basis points to 11.25 percent and the O/N and one-week collateralised loan rates by 100...

News in Brief

Hungary keeps base rate at record low

The bank also cut its overnight collateralized loan rate by 15 basis points to 0.9 percent, narrowing the interest rate corridor

Nov 23, 2016