1 result(s) for green monetary policy toolkit in Finance
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points
- 27 Apr 2022 6:59 AM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points
- 27 Apr 2022 6:59 AM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.