a view of the entrance to the national bank of hungary building in budapesthungary february 9 2016 reuterslaszlo balogh szeged hungary sept 22 reuters  hungarys central bank could consider ending its more than oneyearlong cycle of interest rate rises after next tuesdays meeting when rates will increase again deputy governor barnabas virag told reporters on thursday central europes rate setters were the quickest last year to begin raising rates and accelerated the pace this year as inflation surged but some are starting to slow or possibly end tightening cycles the national bank of hungary nbh raised its base rate by 100 basis points to 1175 last month but virag has since raised the prospect of a halt to the banks rate rise cycle which totals more than 1100 basis points since june 2021 we need to assess ending the cycle each month virag told reporters on the sidelines of an economics conference we should put this on the table already in september and decide about how we close this depending on the available options he said key factors determining the end of the cycle would be positive forwardlooking real interest rates inflation risks turning balanced the outcome of funding talks with the european union and a strengthening of monetary transmission by tightening liquidity conditions read more virag said the bank could raise interest rates by 50 75 or 100 basis points next tuesday after which all options are on the table including ending rate rises at once or phasing out the cycle with several smaller steps