MNB holds rates at 6.25% amid energy price risks, geopolitical uncertainty
The Hungarian National Bank (MNB) maintained its benchmark interest rate at 6.25% during its May 26, 2026, meeting, citing ongoing inflationary risks and geopolitical uncertainties. Governor Varga Mihály emphasized the need for caution, noting that while some positive trends—such as a 7% strengthening of the forint against the euro—could temper price pressures, external factors like … Read more