In-Depth Analysis
Hungarian MNB cuts again, but September decides what comes next
The Magyar Nemzeti Bank cut its base rate by 25bp to 5.50%, completing the three-step summer easing cycle that Governor Mihaly Varga had signalled in June.
25 Aug 2026

The Magyar Nemzeti Bank cut its base rate by 25bp to 5.50%, completing the three-step summer easing cycle that Governor Mihaly Varga had signalled in June.






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