Hungary to Hold Rates as Iran Turmoil Upends Monetary Outlook

Hungary’s central bank is expected to hold its key interest rate at the last policy meeting before elections in April as the turmoil in financial markets has left the country’s assets among the most exposed globally.

The National Bank of Hungary will keep the benchmark interest rate unchanged at 6.25% on Tuesday, according to all 24 analysts in a Bloomberg survey. The central bank will also publish its inflation projections, which may signal how much the war in Iran has already changed the outlook for price growth.