Quotes from Capital Economics:
- In what looks like being an extremely close call, we think the National Bank of Hungary will leave its benchmark interest rate on hold at 2.60% (Tuesday), bringing the easing cycle to an end.
- And even if the MPC does lower interest rates, the bigger picture is that any further cuts are likely to be small in scale, perhaps of the order of 10bp.
Published: 2014-04-25 19:26:00 UTC+00
National Bank of Hungary Will Leave Its Benchmark Interest Rate on Hold
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