Weak Forint Poses Risks To Further Rate Cuts

August 2010
Emerging Europe Monitor: Central Europe & Baltic States;Aug2010, Vol. 17 Issue 8, p5
Country Report
The article presents an outlook on the economic condition in Hungary in August 2010. It predicts a further 25 basis points (bps) of reductions by the end of the year provided that the disinflationary trend remains to play out, and the economic recovery of the country stays fragile. It states that a weak currency would surely place the inflation targets of the central bank at risk.


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