Elevated Risks Of Monetary Policy Reversal
- Hungary: NBH To Slash Rates Further Through End-Year. // Emerging Markets Monitor;8/31/2009, Vol. 15 Issue 21, p14
The article reports on the decision of the National Bank of Hungary (NBH) to cut 50 basis points (bps) from their key borrowing rate until the end of 2009 in its aim to lower the base rate to 8.00%. An increase in the consumer price inflation is reportedly at 5.1% year-on-year in July, 2009...
- HUF: Further Appreciation Ahead. // Emerging Markets Monitor;10/19/2009, Vol. 15 Issue 28, p16
The article discusses the appreciation of the Hungarian forint (HUF) against the euro (EUR). It reports that the outlook for the HUF is optimistic in the near-term and further appreciation depends on Hungary's trading partners' economy, consumer price inflation, and the pursuit of an...
- Monetary Tightening To Protect Currency. // Emerging Europe Monitor: Central Europe & Baltic States;Dec2008, Vol. 15 Issue 12, p1
The article reports that monetary policy in Hungary will be tightened in order to protect the Hungarian forint (HUF). The National Bank of Hungary (NBH) implemented an emergency 300 basis points (bps) rate hike to prevent a banking crisis caused by exposures to foreign currency lending. The...
- MNB monetary policy director: Monetary conditions must support real economy. // Hungary A.M.;2/14/2014, p3
The article reports that the National Bank of Hungary's monetary policy director DÃ¡niel Palotai said that in a setting where the economy is performing below potential and inflation is moderate, attaining price stability in the medium term needs monetary conditions that support the real economy.
- BUX follows European peers. // Hungary A.M.;12/11/2014, p2
The article reports on monetary policy of National Bank of Hungary (MNB) and comment by Hungarian civil society organization Fiscal Responsibility Institute on the country's Gross Domestic Product (GDP) growth.
- Untitled. KIRÁLY, MÁTYÁS // Quarterly Report on Inflation (Magyar Nemzeti Bank);Sep2014, p3
The article looks at the objectives and missions of the Hungarian central bank, Magyar Nemzeti Bank. Topics discussed include the bank's primary objective to achieve and maintain price stability pursuant to Act CCVII of 2013, attaining price stability with the use of the inflation targeting...
- Growth projections revised downward. CZIFRA, ZSOFIA // Budapest Business Journal;10/2/2015, Vol. 23 Issue 18, p3
The article reports on forecast predicting a slow growth in economy of Hungary including slow growth of the National Bank of Hungary (MNB), slow growth of gross domestic product of the country, and low inflation of the central banks.
- The Governor's foreword. Simor, András // Annual Report (Magyar Nemzeti Bank);2010, p7
The article discusses the operation of the Magyar Nemzeti Bank (MNB) in 2010. It states that the average inflation reached 4.9% and the inflation of items more sensitive to the influence of monetary policy has been low since the start of the crisis. MNB adopted a regulation for the Hungarian...
- 3. Review of the MNB's performance in 2009. // Annual Report (Magyar Nemzeti Bank);2009, p18
The article discusses the performance of the Magyar Nemzeti Bank (MNB) in Budapest, Hungary for 2009. It explores the bank's monetary rulings which is established based on the inflation target since 2001. It notes how the global economic crisis affected Hungarian markets during the fall of 2008...