TITLE

Rates To Hold at 8.50%

PUB. DATE
October 2008
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Oct2008, Vol. 15 Issue 10, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports that the benchmark base rate of 8.50% in Hungary was retained by the National Bank of Hungary (NBH). According to NBH Governor Andras Simor, a rate reduction was talked about during the meeting of the bank. On the other hand, consumer price growth is above the target. Inflation is forecasted to be 3.0% in 2010.
ACCESSION #
34214017

 

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