Base Rate In Hungary Could Be Lowered This Year
- 21 Jan 2016 8:00 AM
A lowering of the base rate due to the very low inflation might be possible, especially if the Polish central bank were to cut its base rate, analysts told Reuters news agency. For now, all 21 analysts asked by the news agency expect the MNB’s monetary council to keep the rate at 1.35% when it meets next Tuesday.
On the other hand, the analysts forecast on average a 1.83% rate for the end of 2017.
Source: Hungary Around the Clock
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