FX.co ★ Hungary Trims Key Interest Rate to 6.25% in February Policy Move

Hungary has cut its benchmark interest rate to 6.25% in February 2026, easing borrowing costs from 6.50% previously. The move marks a further step in the country’s monetary policy adjustment, following the last rate level set in January 2026 at 6.50%.

The latest decision, updated as of 24 February 2026, reflects a continued, gradual reduction in rates rather than an abrupt policy shift. While no additional context was provided on the central bank’s rationale, the 25-basis-point cut suggests policymakers are proceeding cautiously, balancing support for economic activity with the need to maintain price stability in Hungary.