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National Bank of Hungary will probably cut its main interest rate again

With inflation in Hungary set to remain in negative territory over most of this year, one or two more interest rate reductions likely to follow over the coming months.Capital Economics said - "We think the National Bank …

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With inflation in Hungary set to remain in negative territory over most of this year, one or two more interest rate reductions likely to follow over the coming months.

Capital Economics said - "We think the National Bank of Hungary will follow up last month's 15bp interest rate cut with a further 15bp cut, to 1.80% (13.00 BST)." 

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