Hungary central bank to hold news conference at 1400 GMT

Kitco Media
By Reuters
Published:
Updated:
Reuters
BUDAPEST, Feb 28 (Reuters) - Hungarian central bank Deputy Governor Barnabas Virag will hold an online news conference at 1400 GMT after the bank's interest rate decision on Tuesday, the bank said in a statement. The National Bank of Hungary (NBH) is widely expected to keep its base rate steady at 13%, though economists see room for cuts of up to 250 basis points by the end of the year amid a fall in inflation to single digits. (Reporting by Gergely Szakacs and Jason Hovet)

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