The Hungarian central bank acknowledged the possibility that interest rates could be left on hold for an “extended period” after it paused its easing cycle today. We maintain our forecast that the policy rate will be kept on hold at 6.50% over the rest of this year, and that monetary easing in 2025 will be more limited than most other analysts expect.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.