Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Hungary
IRSTCB01HUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.75
Year-over-Year Change
-17.31%
Date Range
7/1/1983 - 12/1/2023
Summary
This economic trend measures the central bank interest rates in Hungary, providing insight into the country's monetary policy and financial conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Hungary series represents the key interest rate set by the Hungarian National Bank, the central banking institution of Hungary. This rate is a critical indicator of the country's monetary policy stance and influences broader financial markets and economic activity.
Methodology
The data is collected and reported by the Hungarian National Bank.
Historical Context
Central bank interest rates are a key policy tool used by monetary authorities to manage inflation, economic growth, and financial stability.
Key Facts
- Hungary's central bank rate is set by the Hungarian National Bank.
- The rate influences broader financial conditions and economic activity in Hungary.
- Central bank interest rates are a key monetary policy tool.
FAQs
Q: What does this economic trend measure?
A: This trend measures the central bank interest rates in Hungary, providing insight into the country's monetary policy and financial conditions.
Q: Why is this trend relevant for users or analysts?
A: Central bank interest rates are a critical indicator of a country's monetary policy stance and influence broader financial markets and economic activity.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Hungarian National Bank.
Q: How is this trend used in economic policy?
A: Central bank interest rates are a key policy tool used by monetary authorities to manage inflation, economic growth, and financial stability.
Q: Are there update delays or limitations?
A: The data is reported by the Hungarian National Bank and may be subject to any publication delays or limitations from that source.
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Citation
U.S. Federal Reserve, Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Hungary (IRSTCB01HUM156N), retrieved from FRED.