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Hearing to be Held on Appointment of Buza and Kovacs to NBH

HUNGARY
  • The parliamentary Economy Committee are holding a hearing on the appointment of two new proposed members for the central bank’s Monetary Council, Eva Buza and Zoltan Kovacs.
  • Parliament will vote on Finland’s NATO accession after Turkey decided to support its bid, while a vote on Sweden’s move to join the alliance has not yet been scheduled.
  • Hungary's GKI economic sentiment rose to -13.8 in March from -18.2 in February, according to the GKI Economic Research. GKI business confidence rose to -3.2 from -6.4 in February while consumer confidence rose to -43.8 from -51.9.
  • There are no major data releases scheduled today, with focus on tomorrow’s NBH rate decision.

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