Nationwide Financial institution of Hungary is broadly anticipated to maintain charges regular at 6.50%, BBH FX analysts report.
Hungary’s Central Financial institution set for eighth straight price maintain
“On the final Could 27 assembly, the financial institution determined unanimously to depart the bottom price unchanged at 6.50%, marking the eighth consecutive maintain since September 2024. The financial institution additionally confirmed no indicators of departing from its maintain stance.”
“The financial institution reiterated that ‘sustaining tight financial situations is warranted’ whereas Governor Varga warned that charges might stay on the present stage for a ‘an prolonged interval.’ Nonetheless, the swaps market continues to cost in 50bps of easing over the following twelve months.
