BUDAPEST, Feb 9 (Reuters) - Hungary's central bank decided
to raise interest rates by 25 basis points in
January with a majority of 4 rate setters versus 3, the minutes
of the meeting showed on Wednesday.
Two rate setters voted to keep rates on hold while one wanted a 25 basis point rate cut.
Following is a breakdown of votes at the last nine rate-setting meetings.
(The change figures are in basis points, outcome is in percent, NP=not present, H=hold).
Date May June July Aug Sept Oct Nov Dec Jan
Outcome 5.25 5.25 5.25 5.25 5.25 5.25 5.50 5.75 6.00
Simor H H H +25 H H +25 +25 +25
Banfi -25 -25 H -25 -25 -25 H NP -25
P Bihari H H H +25 H +25 +25 +25 +25
Csaki -25 H H H H H +25 NP H
Karvalits H H H H H H +25 H H
Kiraly H H H H H H +25 +25 +25
Nemenyi H H H H H H +25 +25 +25
NOTE - The 6-year terms of Tamas Banfi, Peter Bihari, Csaba Csaki and Judit Nemenyi will expire on March 1.
(Reporting by Gergely Szakacs) Keywords: HUNGARY MINUTES/ (gergely.szakacs@thomsonreuters.com; +36 1 327 4748; Reuters Messaging: gergely.szakacs.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Two rate setters voted to keep rates on hold while one wanted a 25 basis point rate cut.
Following is a breakdown of votes at the last nine rate-setting meetings.
(The change figures are in basis points, outcome is in percent, NP=not present, H=hold).
Date May June July Aug Sept Oct Nov Dec Jan
Outcome 5.25 5.25 5.25 5.25 5.25 5.25 5.50 5.75 6.00
Simor H H H +25 H H +25 +25 +25
Banfi -25 -25 H -25 -25 -25 H NP -25
P Bihari H H H +25 H +25 +25 +25 +25
Csaki -25 H H H H H +25 NP H
Karvalits H H H H H H +25 H H
Kiraly H H H H H H +25 +25 +25
Nemenyi H H H H H H +25 +25 +25
NOTE - The 6-year terms of Tamas Banfi, Peter Bihari, Csaba Csaki and Judit Nemenyi will expire on March 1.
(Reporting by Gergely Szakacs) Keywords: HUNGARY MINUTES/ (gergely.szakacs@thomsonreuters.com; +36 1 327 4748; Reuters Messaging: gergely.szakacs.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.