Hungary Central Bank Sees Main Rate Staying at Record Low Longer

Updated on
  • Monetary authority lowers inflation forecast for 2015 and 2016
  • New benchmark intended to spark local demand for state debt

Hungary’s central bank said it will probably keep borrowing costs at a record low longer than policy makers had expected as economic growth is set to slow and inflation pressure remains low.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.