Hungary · HUF
National Bank of Hungary: next decision, current base rate, consensus
As of 15 September 2026.
The next National Bank of Hungary base rate decision is scheduled for Tue 22 Sep 2026 at 12:00 UTC (14:00 Europe/Budapest).
The base rate is currently 5.5%, after a -25 bp move on 26 Aug 2026.
National Bank of Hungary rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current base rate | 5.5% Latest published reading, 26 Aug 2026 |
|---|---|
| Last change | -25 bp on 26 Aug 2026 |
| Next decision (UTC) | Scheduled · local 22 Sep 14:00 (UTC+02:00) |
| Consensus | Not published |
| Meeting frequency | ~8x/year Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | Publishing central bank |
The full base rate history, decision by decision, is on the Hungary policy rate page.
How National Bank of Hungary sets policy
The Magyar Nemzeti Bank (MNB) Monetary Council sets the base rate monthly and targets 3% CPI inflation with a ±1 percentage-point tolerance band. The MNB has historically used a wide toolkit including overnight deposit rates, FX swaps, and targeted lending facilities.
Common questions
When is the next National Bank of Hungary rate decision?
The next National Bank of Hungary base rate decision is scheduled for Tue 22 Sep 2026 at 12:00 UTC, which is 22 Sep 14:00 (UTC+02:00) in the market's own time zone.
What is the current National Bank of Hungary base rate?
The National Bank of Hungary base rate is 5.5%, from the reading published on 26 Aug 2026. The last change was -25 bp on 26 Aug 2026.
How often does the National Bank of Hungary meet?
The base rate series is published ~8x/year. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get National Bank of Hungary decisions from the API?
Call GET /v1/announcements/huf/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/huf?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.