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Despite Inflation Falling Below 4 Percent, the Central Bank Is Keeping the Base Rate High
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With inflation falling and copper at historical levels, the Council will assess the next movements of the interest rate by ensuring convergence to 3%.
Inflation has slowed to within the central bank's tolerance band, but this is only temporary, everything points to keeping the base rate at 6.5 percent. The Monetary Council decided accordingly.
·Hungary
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