Hungary to Hold Rates as Tariffs Muddle Outlook: Decision Guide

Hungary’s central bank is poised to hold interest rates for a seventh month as global trade tensions weigh on the economic outlook.

The National Bank of Hungary will keep its benchmark rate at 6.5%, according to all 20 economists in a Bloomberg poll. The level is tied with Romania for the highest in the European Union. The decision will be announced at 2 p.m. in Budapest, followed by a statement and briefing an hour later.

Hungary needs to pursue a “disciplined and patient” monetary policy due to intensifying geopolitical tensions that have increased risks, Governor Mihaly Varga, who ...