August 27, 2024 12:48 GMT
MNI BRIEF: NBH Holds Key Interest Rates After Inflation Rises
(MNI) LONDON
National Bank of Hungary kept policy unchanged Tuesday
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MNI (LONDON) - The National Bank of Hungary kept interest rates unchanged Tuesday, its first policy hold of the current easing cycle, to leave the base rate 6.75%.
The decision was largely in line with expecations. (See MNI POLICY: Inflation Rise, Fed, ECB, Add To NBH Caution)
A press conference will take place in Budapest at 3pm local time.
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