Hungary’s central bank said it had no room to cut interest rates after the inflation outlook deteriorated and emerging-market volatility kept the forint vulnerable.
The National Bank of Hungary maintained the benchmark at 6.5% for a third month on Tuesday, matching the forecast of all 22 economists in a Bloomberg survey. The key rate is tied with Romania for the highest in the European Union.
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Publish date : 2024-12-17 05:00:00
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