Policy Makers Cut Base Rate by 25bp to 5.50%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25 basis points to 5.50% at a monthly policy meeting on Tuesday. The Council also lowered the central bank’s symmetric interest rate corridor by 25 basis points, bringing the O/N deposit rate to 4.50% and the […]

The post Policy Makers Cut Base Rate by 25bp to 5.50% appeared first on Diplomacy & Trade.