Hungary’s central bank (MNB) cut its policy rate by another 25bp today, to 5.75%, and we think a backdrop of below-target inflation will allow the MNB to continue easing over the coming months. Our forecast is for at least two more 25bp cuts by year-end, to 5.25%.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.