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Hungary Holds Interest Rate Steady at 6.50%

Hungary Holds Interest Rate Steady at 6.50%

Hungary’s central bank maintained its interest rate at 6.50%, unchanged from the previous level. This stability in the interest rate reflects a consistent monetary policy stance.

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The actual interest rate decision aligned with analyst estimates, suggesting a neutral impact on the stock market. Financial and real estate sectors are likely to remain steady as borrowing costs are unchanged. The market impact is expected to be short-term, driven by sentiment rather than shifts in policy expectations.

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