Central Bank RatesHungary policy rate in 2008 (7 changes)
Start of year7.50%
End of year10.00%Dec 31, 2008
Net change+250 bp4 hikes, 3 cuts
Average8.662%
Rank by level8 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| Apr 1, 2008 | 7.50% | 8.00% | hike +50 bp |
| Apr 29, 2008 | 8.00% | 8.25% | hike +25 bp |
| May 27, 2008 | 8.25% | 8.50% | hike +25 bp |
| Oct 22, 2008 | 8.50% | 11.50% | hike +300 bp |
| Nov 25, 2008 | 11.50% | 11.00% | cut -50 bp |
| Dec 9, 2008 | 11.00% | 10.50% | cut -50 bp |
| Dec 23, 2008 | 10.50% | 10.00% | cut -50 bp |
Compared with other areas at the end of 2008
18%
17.75%
15%
13.75%
13%
11.5%
10.25%
10%
9.5%
9.25%
8.25%
8.25%
7%
6.5%
6.5%
5.5%
5.31%
5%
5%
4.25%
3.75%
3.75%
3.5%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
0.5%
0.5%
0.125%
0.1%
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%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.