BUDAPEST, Feb 13 (Reuters) - There is a good chance that
Hungary's inflation has peaked in January at an annual 25.7% but
breaking down inflation requires patience in monetary policy,
National Bank of Hungary deputy governor Barnabas Virag told
business website napi.hu.
In an interview published on Monday, Virag said the question
of reducing the 13% base rate was "not on the horizon", and
patience was also crucial with respect to the 18% quick deposit
rate which the bank introduced in October 2022 to shore up the
forint currency.
(Reporting by Krisztina Than)
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