Hungary to Hold Rates Despite Orban’s Pressure: Decision Guide

Hungary’s central bank is set to leave the European Union’s highest borrowing costs unchanged for the 13th straight month, after policymakers rebuffed government calls to cut them.

The National Bank of Hungary will keep the benchmark interest rate at 6.5% on Tuesday, according to all 21 economists in a Bloomberg survey. That’s on par with Romania for the highest key rate in the EU. The decision is scheduled for 2 p.m. in Budapest, followed by a briefing and statement an hour later.