The Central Bank of Hungary withstands pressure from the Prime Minister to keep the Benchmark Interest Rate unchanged.

Jin10 data reported on October 21, Hungary's Central Bank has maintained the highest Benchmark Interest Rate level in the EU for the thirteenth consecutive month, rejecting the government's request to initiate a monetary easing policy. The country's Central Bank kept the Benchmark Interest Rate at 6.5% on Tuesday, in line with the expectations of all 22 economists surveyed by institutions, this rate level is tied with Romania as the highest in the EU. Earlier this month, comments from Hungarian Prime Minister Orban and Finance Minister Matolcsy about “the interest rate level being too high for the nearly stagnant economy” caused market turbulence. In most polls ahead of the general elections in April next year, Orban's ruling party is currently trailing.