Central Bank Continues Its Rate-Cutting Cycle

MNB Governor Mihály Varga The Hungarian National Bank (MNB) is further easing its monetary policy. On Tuesday, the Monetary Council lowered the key interest rate by 25 basis points to 5.50 percent. At the same time, the interest rate corridor was adjusted by 25 basis points at both ends. As a result, the interest rate […] The post Central Bank Continues Its Rate-Cutting Cycle appeared first on Hungary Today.

By Hungary Today