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Hungary’s central bank maintains cautious stance, cuts base rate by 25bp to 6.5%
After a pause in the easing cycle in August, the Hungarian National Bank (MNB) reduced the base rate by 25 basis points to 6.5% on September 24, in line with projections. The Monetary Council also reduced the overnight deposit rate by the same clip to 5.
Hungary central bank resumes rate cuts, flags caution in further policy steps
The National Bank of Hungary (NBH) cut its base rate by another 25 basis points to 6.5% on Tuesday, aided by a fall in inflation and last week's larger-than-usual cut by the U.S. Federal Reserve. The NBH,
Hungary cuts key interest rate, boosted by US Fed Reserve decision
Policymakers have reduced borrowing costs after a pause in August, although the base rate in Hungary is still the joint highest figure in the EU. View on euronews
Mises Institute
7d
Understanding the Basics of Modern Banking
Banking systems around the world have huge effects on our lives, yet few people understand how banks work. Worse yet, even ...
Mortgage Finance Gazette
1d
BoE’s Bailey forecasts ‘gradual’ base rate fall
Bank of England governor Andrew Bailey does not expect to see a return to ultra-low interest rates -- but forecasts they will ...
8h
BoE’s Greene: Cautious, steady-as-she goes approach to monetary policy easing is appropriate
Bank of England (BoE) policymaker Megan Greene said on Wednesday that a “cautious, steady-as-she-goes approach to monetary ...
5d
Bank holds base interest rate at 5%
The Bank of England's Monetary Policy Committee voted to hold the base rate at 5% after cutting it last month by 0.25%.
Mortgage Finance Gazette
5h
BoE should take ‘cautious’ approach to base rate cuts: MPC’s Greene
The Bank of England should take a “steady-as-she-goes approach” to further base rate cuts to avoid driving up wages and ...
6d
Bank of England holds Base Rate at 5% fuelling more pain for homeowners
Economists believe that the Bank of England's rate-setting committee will hold interest rates at 5% when it meets today.
Mortgage Strategy
1d
NatWest CEO looks for 2.5% to 3.5% base rate ‘sweet spot’
NatWest chief executive Paul Thwaite has called a base rate range of 2.5% to 3.5% as “a sweet spot” for the high street ...
Tax Guru
7d
CBDT Revises Monetary Limits for Tax Income Tax Appeals
ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi ******** Sub:- ...
6d
on MSN
Bank of England disappoints as it keeps base rate at 5% but makes future pledge
The Bank of England has held the base rate at 5 percent in a disappointing move for borrowers, particularly home buyers. The ...
Khaama Press
2d
Pakistan considers Chinese Military Base at Gwadar, raising sovereignty concerns
Pakistan has reportedly agreed to establish a Chinese military base at Gwadar Port in Balochistan. With the China-Pakistan ...
mortgagesolutions.co.uk
6d
Bank of England holds base rate at 5%
The Bank of England’s Monetary Policy Committee (MPC) has maintained the base rate at 5%, after cutting the rate from 5.25% ...
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