Hungary’s central bank, which earlier cut its benchmark rate for the fifth time this year, said it would consider further rate cuts but underlined this would “only” occur if sentiment in financial markets continues to improve and there is evidence that the inflation target is achievable.
    The statement by the National Bank of Hungary signals the bank’s Monetary Council is likely to pause in its cycle of rate cuts that have reduced the rate by 125 basis points … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards