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National Bank Policy Makers Could Weigh Rate Hike in June The Monetary Council of the National Bank of Hungary (MNB) could consider raising the base rate at a policy meeting in June, deputy governor Barnabás Virág said on Monday, Reuters reported. Virág said Hungary’s monetary policy would enter a new phase from June as the economy fully reopens, and the central bank would adjust short-term rates proactively to tackle rising inflation risks. He said rate rises could precede any decision about asset purchases, and the MNB’s next quarterly Inflation Report, which the Monetary Council will discuss at the June policy meeting, would be critical in assessing risks.

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