BUDAPEST—Hungary cut its main interest rate to a record low Tuesday, its 16th consecutive reduction, in a bid to aid the country’s economic recovery and stoke consumer price inflation, currently at the lowest level in nearly four decades.
The National Bank of Hungary cut its interest rate to 3.20% from 3.40%, meeting analysts’ expectations. The 21 analysts polled by The Wall Street Journal had unanimously said the bank would lower its…
Read the original post: Hungary Cuts Interest Rates
沒有留言:
張貼留言