Rates To Hold As Stability Concerns Persist

June 2009
Emerging Europe Monitor: Central Europe & Baltic States;Jun2009, Vol. 16 Issue 6, p5
Country Report
The article discusses an economic outlook for Hungary for 2009. It is predicted that key base rate will be maintained by the National Bank of Hungary (NBH) at 9.50 percent and increased to 10 percent before the forecast period ends. It is forecasted that rates will be increased by the NBH if forint continue to depreciate.


Related Articles

  • Hungary: Rate Cuts To Spur Further Yield Compression.  // Emerging Markets Monitor;11/23/2009, Vol. 15 Issue 32, p15 

    The article offers an economic outlook for Hungary for 2009-2010. There is a positive outlook for the country's 1-year treasury bond, which traded at 6.55%. It expects further yield compression towards the next level of support at 5.60% going forward. The National Bank of Hungary is forecast to...

  • Interest Rates To Remain On Hold.  // Emerging Europe Monitor: Central Europe;Nov2003, Vol. 10 Issue 11, p2 

    The National Bank of Hungary (NBH) has elected to leave the key deposit interest rate unchanged at 9.5% since it was hiked by 200 basis points in mid-June. NBH has raised its inflation forecast to 5.8% from 3.9% as a result of which Hungary's rising productivity and wages will lead to higher...

  • Economic Policy: Monetary Policy and Outlook.  // Hungary Country Monitor;Nov2011, p13 

    The article reports that National Bank of Hungary (MNB) is expected to hold the rates through the end of 2011 and throughout most of 2012. It mentions that MNB will not have any projections on interest-rate movement for the rest of 2011. It states that MNB must be more aggressive to increase...

  • Hungary: Problems Remain For Forint.  // Emerging Markets Monitor;4/14/2008, Vol. 14 Issue 2, p15 

    The article presents an outlook for the Hungarian forint (HUF) in 2008. It states that the currency has benefited from an increase in interest rates by the National Bank of Hungary. It is inferred that the currency will be weighed down by an underperforming domestic economy and a weak global...

  • Rates Heading To 9.25%.  // Emerging Europe Monitor: Central Europe & Baltic States;Aug2008, Vol. 15 Issue 8, p3 

    This article provides an outlook for the performance of the Hungarian economy in 2008. Business Monitor International (BMI) revises its monetary policy outlook for the country to the upside, with the National Bank of Hungary (NBH) policy rate expected to rise. BMI believes higher interest rates...

  • Hungary: Rates Up, And NBH To Hike Again.  // Emerging Markets Monitor;10/30/2006, Vol. 12 Issue 28, p16 

    The article presents economic forecast for Hungary in 2006. The National Bank of Hungary (NBH) raised interest rates in October 24, 2006 and it is expected that the NBH will continue tightening monetary policy until the middle of 2007 to control inflation. Meanwhile, pay increases which came in...

  • MNB could hike interest following cuts. Fincziczki, Bela; Benko, Anita // Budapest Business Journal;1/20/2003, Vol. 11 Issue 6, p1 

    Reports on the possibility that the National Bank of Hungary (MNB) may be forced to raise its benchmark interest rate if the forint continues falling as a result of the central bank's rate cuts in January 2003. Analysts' observation that a further weakening of the forint will make it difficult...

  • J�rai should go.  // Budapest Business Journal;1/20/2003, Vol. 11 Issue 6, p21 

    Calls for the resignation of Zsigmond Jarai as president of the National Bank of Hungary (MNB). Decision of MNB to reduce interest rates in January 2003; Jarai's rejection of calls for his resignation; Question on the professional ethics exercised by Jarai in his performance of his duties at MNB.

  • Hungary: Growing Potential For Rate Cut.  // Emerging Markets Monitor;6/27/2011, Vol. 17 Issue 13, p16 

    The article considers the potential for a rate cut in 2011 by the National Bank of Hungary (NBH). It expects rates to remain at 6% until the end of 2011 given uncertainty over medium-term inflationary trends. It forecasts a decline in consumer price inflation (CPI). It asserts that the potential...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics