Central Bank RatesHungary policy rate in 2004 (7 changes)
Start of year12.50%
End of year9.50%Dec 31, 2004
Net change-300 bp0 hikes, 7 cuts
Average11.421%
Rank by level6 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Mar 23, 2004 | 12.50% | 12.25% | cut -25 bp |
| Apr 6, 2004 | 12.25% | 12.00% | cut -25 bp |
| May 4, 2004 | 12.00% | 11.50% | cut -50 bp |
| Aug 17, 2004 | 11.50% | 11.00% | cut -50 bp |
| Oct 19, 2004 | 11.00% | 10.50% | cut -50 bp |
| Nov 23, 2004 | 10.50% | 10.00% | cut -50 bp |
| Dec 21, 2004 | 10.00% | 9.50% | cut -50 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
Year-end rate over time
5.5%
6.5%
6.5%
10.75%
13%
2.4%
0.6%
0.9%
0.9%
0.9%
0.9%
1.35%
2.1%
3%
5.75%
7%
5.75%
6.25%
10%
7.5%
8%
6%
9.5%
12.5%
8.5%
9.75%
11%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.