National Bank of Hungary To Hike Again
- Jï¿½rai 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.
- Budget Cuts Key in Hungary. // Emerging Europe Financial Alert;1/26/2004, Vol. 2 Issue 34, p5
In line with market expectations, the NBH left the key two-week repo interest rate unchanged at 12.5% last week. It cautioned that recent interest rate rises in Hungary had only partially countered rising inflationary pressures. December 2003 CPI at 5.7% y-o-y was significantly above the...
- Hungary: Will There Be Trouble Ahead? // Emerging Markets Monitor;9/13/2004, Vol. 10 Issue 22, p13
Presents an update on the economic condition of Hungary as of September 2004. Amount of budget deficit in August 2004; Interest rate proposed by National Bank of Hungary's governor Zsigmond Jarai; Amount of trade deficit in July 2004.
- LETTERS. // Budapest Business Journal;1/27/2003, Vol. 11 Issue 7, p22
Criticizes an editorial published in the periodical 'Budapest Business Journal' which called for the removal of National Bank of Hungary president Zsigmond Jarai. Economic problems faced by Hungary; Service extended by the central bank to the entire country and not just the export sector.
- Downside Risks. // Emerging Markets Monitor;5/9/2005, Vol. 11 Issue 5, p14
Presents a short-term outlook for the economic system of Hungary in 2005. Expectation by the government on the January 2005 to April 2005 budget deficit of the full-year of gross domestic product projection; Status of the country's external imbalances; Views of National Bank of Hungary Governor...
- Real Interest Rates To Remain High. // Emerging Markets Monitor;2/7/2005, Vol. 10 Issue 41, p14
Reports on the economy of Hungary as of February 2005. Factors that contributed to an increase in the interest rates imposed by the National Bank of Hungary; Forecast on the government's budget deficit in 2005; Percentage of the gross domestic product growth projected in 2005.
- Hungary: Credibility Is Key, So Rates Are Heading Up. // Emerging Markets Monitor;7/31/2006, Vol. 12 Issue 16, p18
The article provides an outlook for the economic performance of Hungary from 2003 to 2008. Amid the continuous fiscal policy problem in Hungary, the National Bank of Hungary (NBH) has successfully managed to remain a credible monetary policy anchor in part by taking decisions unpopular with the...
- Hungary: NBH Cuts Rates As Fiscal Outlook Darkens. // Emerging Markets Monitor;9/26/2005, Vol. 11 Issue 24, p17
Provides an overview of the economic condition of Hungary, as of September 2005. Decision of the National Bank of Hungary to cut interest rates; Drop in consumer price inflation in August; Threat posed by sustained high oil prices to inflation targets; Tendency of the government to bring...
- Fiscal Worries In Hungary. // Emerging Markets Monitor;5/12/2003, Vol. 9 Issue 5, p1
Reports on the response of government officials toward the adoption of the single European Monetary Union currency in Hungary in 2007. Warning from central bank Governor Zsigmond Jarai about the budget deficit in 2003 and 2004; Criticism on the possible benefits of euro to the economy; Factors...