Kamatlábemelkedés

Kamatlábemelkedés is a Hungarian term that translates to "interest rate hike" or "increase in the interest rate" in English. It refers to a situation where the central bank or other monetary authorities intentionally raise the benchmark interest rates within an economy. This action is a key tool of monetary policy, typically employed to manage inflation, control economic growth, or stabilize a currency.

When interest rates rise, borrowing becomes more expensive for consumers and businesses. This can lead to a decrease in spending and investment, as individuals and companies may postpone or reduce their purchases of goods, services, and capital assets. Consequently, a kamatlábemelkedés can help to cool down an overheating economy and curb inflationary pressures. Conversely, it can also slow down economic activity, potentially leading to reduced employment or slower GDP growth.

Central banks often consider various economic indicators, such as inflation rates, unemployment figures, and GDP growth, before deciding on a kamatlábemelkedés. The goal is to strike a balance between controlling inflation and maintaining sustainable economic growth. The specific benchmark interest rate that is raised can vary, but it often refers to the base rate set by the central bank, which influences other interest rates throughout the financial system. The impact of a kamatlábemelkedés can be felt across various sectors, from mortgages and personal loans to business financing and government debt.