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Banks / Hungary

Magyar Nemzeti Bank: decision history

Policy rate: central bank base rate

Every observed decision and the rate series. The facts below are computed from observed decisions only, never from the calendar.

43days since the last change (25 Aug 2026)
1consecutive holds
21observed decisions since 28 Jan 2025

Past moves by size

Observed decisions

DateDecisionBeforeAfterChangeStatement
hold5.50%=5.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
cut5.75%↓5.50%−25 bpmnb.hu/en/monetary-policy/the-moneta…
cut6.00%↓5.75%−25 bpmnb.hu/en/monetary-policy/the-moneta…
cut6.25%↓6.00%−25 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.25%=6.25%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.25%=6.25%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.25%=6.25%0 bpmnb.hu/en/monetary-policy/the-moneta…
cut6.50%↓6.25%−25 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…
hold6.50%=6.50%0 bpmnb.hu/en/monetary-policy/the-moneta…

Rate series

6.50%5.50%25 Sept 20247 Oct 2026
EffectiveRateSource
5.50%mnb.hu/root/BaseRate/BaseRateExcel/a…
5.75%mnb.hu/root/BaseRate/BaseRateExcel/a…
6.00%mnb.hu/root/BaseRate/BaseRateExcel/a…
6.25%mnb.hu/root/BaseRate/BaseRateExcel/a…
6.50%mnb.hu/root/BaseRate/BaseRateExcel/a…