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HUNGARY: Deputy Governor Patai Voted for 25bp Cut in November

HUNGARY
CEEMEAEM BulletBulletEmerging Market NewsHungary

The minutes from the November rate-setting meeting retains the cautious and generally hawkish tone of the policy statement, but offers little in the way of new guidance. The most interesting part of the release is that it reveals Mihály Patai as the lone dissenter - he voted for a 25bp rate cut. Note that Patai dissented in the dovish direction earlier in the year. Click here to see the full release (in Hungarian).

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The minutes from the November rate-setting meeting retains the cautious and generally hawkish tone of the policy statement, but offers little in the way of new guidance. The most interesting part of the release is that it reveals Mihály Patai as the lone dissenter - he voted for a 25bp rate cut. Note that Patai dissented in the dovish direction earlier in the year. Click here to see the full release (in Hungarian).