MNI BRIEF: Mandate No Cure For Discount Window Stigma-NY Fed

MNI BRIEF: US April Core PCE YoY Rate Lowest In 3 Years

CANADA Q1 GDP ANNUALIZED +1.7% VS EXPECTED +2.4%

MNI BRIEF: China Utility Prices Should Be Reasonable

MNI: PBOC Net Injects CNY98 Bln Via OMO Fri; Rate Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1088 Fri; -2.14% Y/Y

Consumption Contributes Positively To In Line Q/Q GDP Print

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Ahead of today's NBH rate decision,.........>

HUNGARY
HUNGARY: Ahead of today's NBH rate decision, analysts at TDS are in line with
the unanimous consensus and expect all rates to remain unchanged. They add "In
particular we expect the policy rate to be kept at 0.9% and the O/N Deposit Rate
to be kept at -0.15%. The language in the statement is likely to maintain a
dovish bias. Over the medium term inflation is expected by the NBH to be driven
higher by buoyant domestic demand, wage hikes, and higher commodity prices.
However, this will be partially offset by moderate external inflation, low
inflation expectations, as well as reductions in employers' social
contributions, and VAT rate cuts announced for this year.""Consequently the rise
in inflation is expected by the NBH to be slow and the 3% inflation target will
be achieved sustainably only by the middle of 2019. However, given the strong
economy and rapid wage growth we think the risks are skewed towards inflation
rising faster than the NBH forecasts."
MarketsFixed Income BulletsForeign Exchange Bullets
MarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.