http://www.bloomberg.com/news/2012-09-25/hungary-eyes-rate-cut-as-slump-trumps-inflation-concerns.html
For the 2nd straight month...the central bank has lowered the benchmark rate.
The 25 bps decrease...to 6.5%...is still the EU's highest rate.
Investors expect further rate cuts...even as Hungary suffers form 6% inflation.
Popular Posts
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- MEXICO: Indigena Michoacan Residents Defy Narcos.
- MEXICO: C.Bank Bought...90 Tons Of Gold...In Past 3 Months.
- HONDURAS: Zelaya Free To Return...After Arrest Warrants Dismissed.
- EASTERN EUROPE: 17 Mar. UPDATE: 2 New Nukes...Still In Poles Future...Despite Japanese Tragedy; Merkel Imposes Old Nukes Moratorium; Czechs, Slovaks And Others Support New Nukes.
- SERBIA: Singer "Ceca" Charged With Embezzlement.
- ARGENTINA: Gen. Menendez...Gets Another Life Sentence...For Killing 5 During "Dirty War."
- MONDAY MORNING MUSIC: From USA: Katy Perry's "Rainbow."
- MEXICO: Televisa TV Show Host Kidnapped And Murdered...With 2 Others...In Monterrey; 230,000 Reported To Have Fled Mexican Violence.