MNB dep gov to propose another 15 bp rate cut in July

Barnabás Virág, who was appointed a National Bank of Hungary (MNB) deputy governor on Tuesday, has said he will propose another 15 bp rate cut at a monthly policy meeting of the central bankʼs Monetary Council in July, state news wire MTI.

Image by Jessica Fejos. Speaking on public radio early Friday, Virág said a base rate of 0.


Read all

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.