Small font size A Larger text size A Largest text size A

Hungary's Central Bank Cuts Rates By 25bps As Expected

BY MT Newswires | ECONOMIC | 02/24/26 10:41 AM EST

10:41 AM EST, 02/24/2026 (MT Newswires) -- Hungary's central bank (MNB) Tuesday said its Monetary Council reduced rates by 25bps, as expected by the majority of economists.

MNB noted in its policy statement that from Wednesday, its key base rate will be 6.25%, the o/n deposit rate will be 5.25% ad the o/n collateralized lending rate will drop to 7.25%.

"In the Monetary Council's assessment, favourable developments in underlying inflation and the stability of financial markets allowed for a cautious reduction in interest rates," wrote the central bank in the statement.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

IMF urges BOJ to keep raising rates even as Iran war poses new risks BY Reuters |ECONOMIC 03:10 AM EDT
BRIEF-Fitch Downgrades JetBlue To 'CCC+' From 'B-' BY Reuters |CORPORATE 04/03/26 05:40 PM EDT
Highs and lows from the US jobs report BY Reuters |ECONOMIC 04/03/26 02:13 PM EDT
Highs and lows from the US jobs report BY Reuters |ECONOMIC 04/03/26 02:13 PM EDT

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article