(Source: Central Bank of Hungary) 16 December 2014 At its meeting on 16 December 2014, the Monetary Council reviewed the latest economic and financial developments and voted to leave the central bank base rate unchanged at 2.10%. THE MONETARY COUNCIL'S STATEMENT ON MACROECONOMIC DEVELOPMENTS AND ITS MONETARY POLICY ASSESSMENT In the Monetary Council's judgement, persistently loose monetary conditions are consistent with the achievement of price stability. In the Council's judgement, with the easing cycle completed, maintaining loose monetary conditions for an extended period is warranted by the medium-term achievement of the Bank's inflation target and a corresponding degree of support to...
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