Hungarian central bank says 13% base rate needs to stay "for prolonged period"

BUDAPEST, March 28 (Reuters) - Hungary's central bank said on Tuesday that the 13% base rate would have to be maintained "over a prolonged period" to ensure that inflation expectations are anchored, adding that it was closely monitoring the current risks in international markets. "The Bank is closely monitoring the effects of increased uncertainty in international financial markets on the risk environment," the rate-setting Monetary Council said in a statement.
(Reporting by Krisztina Than and Gergely Szakacs)

Reuters

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Hungarian central bank says 13% base rate needs to stay &quot;for prolonged period&quot;

By Reuters

Reuters

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Hungarian central bank says 13% base rate needs to stay "for prolonged period"