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Central Bank Monetary Council Votes Unanimously for Modest Rate Cut

By MTI-Hungary Today

Central bank governor Mihály Varga The Hungarian National Bank (MNB) continues its course of monetary policy adjustment. At its February meeting, the Monetary Council voted unanimously to lower the key interest rate by 25 basis points, announced the central bank on Wednesday. This reduces Hungary’s key interest rate to 6.25 percent. The Council’s decision included […] The post Central Bank Monetary Council Votes Unanimously for Modest Rate Cut appeared first on Hungary Today.