BUDAPEST: Hungarian central bank policy makers should take a "deeper breath" at the December rate meeting after lowering official rates by a combined 100 basis points over the past four months, Governor Andras Simor said on Thursday.
"The December meeting is going to be even more important as we will be reviewing the new inflation report that is being prepared by the staff," Simor told a briefing with foreign journalists.
"So we need to probably take a deeper breath before making decisions because there will be a lot of information on our table."
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