Rate round-up: Hungary, Israel hold on uncertainty

percentage-big-jpg

The National Bank of Hungary on Monday opted to leave the central bank base rate unchanged at 5.25%.

The rate-setting council said the Hungarian economy may begin to emerge from recession in 2010; but that it expected the level of output to be below potential throughout the entire forecast period, with unemployment likely to remain elevated for some time.

The central bank said the extent to which persistently low demand will reduce the pass-through of cost shocks was a source of uncertainty in as

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: