October 20, 2026Macro·Neutral·central bank
MNB holds base rate at 5.50% as 2027 inflation forecast tops target
The Magyar Nemzeti Bank held its base rate at 5.50% at its October decision, despite low inflation and speculation about rate cuts. The central bank's announcement confirmed the hold, with its 2027 inflation forecast topping target.
Detected & updated continuously · Source: Nebula
Story subjects
Magyar Nemzeti Bank