Hungary central bank keeps base rate at 5.50%
Hungary’s central bank held its base rate at 5.50% at the Monetary Council meeting on 20 October. The overnight deposit rate remained 4.50% and the collateralised lending rate 6.50%, with the conditions effective from 21 October.
Event / data period: 2026-10-20
Published: · Updated:
The Council said high energy prices and rising global yields required caution. Its statement put September inflation at 1.6% and core inflation at 1.9%; these previous-month price readings are separate from the interest-rate decision.
Data
Hungary central bank keeps base rate at 5.50%
| Base rate, effective 21 October | 5.5 |
| Overnight deposit rate | 4.5 |
| Overnight collateralised lending rate | 6.5 |
Methodology
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