Hungary To Mull Further Rate Cuts If Inflation, Risks Low
Hungary’s central bank, which cut its base rate for the fourth time this year, will consider further rate cuts if inflation continues to fall and financial markets remain confident about the country. Magyar Nemzeti Bank repeated last month’s statement that it expects inflation to remain well above the bank’s target this [...]
Hungary’s central bank, which cut its base rate for the fourth time this year, will consider further rate cuts if inflation continues to fall and financial markets remain confident about the country.
Magyar Nemzeti Bank repeated last month’s statement that it expects inflation to remain well above the bank’s target this year and 2013 but then decline as the disinflationary impact of weak demand dominates and the effect of one-off price level shocks … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards