
Hungary holds base rate at 6.25% as cooling inflation and forint rally open the door to a June cut
Hungary's central bank left its base rate unchanged at 6.25% on Tuesday, May 26 — its lowest level in four years — while signalling that the door is opening to renewed easing as soon as June. In its post-meeting statement, the Magyar Nemzeti Bank's Monetary Council said April consumer prices rose 2.1% year-on-year with core inflation at 2.2%, both lower than projected in the Ma



