HUNGARY: MNI NBH Review: October 2024
Oct-23 13:07
- The National Bank of Hungary kept its base rate unchanged at 6.50%, in-line with unanimous consensus.
- Communication in the policy statement and press conference shifted in the hawkish direction, with the most notable piece of new messaging indicating that the Board is highly attentive to adverse HUF developments.
- Among sell-side, most are still expecting the central bank to deliver one additional 25bp cut in 2024.
See the full review, with a summary of sell-side analyst views, here.
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