Hungary centrlal bank

Hungarian Central Bank Leaves 6.0% Key Rate and Releases Dovish Statement

July 26, 2011

The two-week Hungarian deposit rate has been at 6.0% since a 25-basis point hike in mid-January, which had been the third consecutive monthly hike of that same size.  Policy has been paused for the past half year, and a dovish statement from the Magyar Nemzeti Bank after this month’s meeting reiterates the views that GDP […] More