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Focus Turns to Policy Statement, Press Conference and Updated Forecasts

HUNGARY
  • Minor and brief uptick in EUR/HUF on the rate decision, with the cross well-contained within recent ranges. While 75bps was the prevailing consensus, some analysts had flagged risk of an even more cautious 50bp cut.
  • The policy statement will be released at 14:00GMT, alongside the release of a new set of macroeconomic forecasts and a press conference by Deputy Governor Virag.

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