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HUNGARY: NBH Rate Decision Coming Up (13:00BST/14:00CET)

HUNGARY
CEEMEAEM BulletBulletGlobalEmerging Market NewsHungaryRegion
  • The National Bank of Hungary is expected to resume its easing cycle with a 25bp cut to the base rate, taking it to 6.50% following a pause in August.
  • The Council is likely to stick to a relatively cautious tone but could signal the possibility of another rate cut before year-end.
  • The rate decision itself is at 13:00BST/14:00CET, followed by the release of the policy statement and press conference at 14:00BST/15:00CET.
  • Our full preview for today’s decision, with a summary of sell-side analyst views, can be found here.
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  • The National Bank of Hungary is expected to resume its easing cycle with a 25bp cut to the base rate, taking it to 6.50% following a pause in August.
  • The Council is likely to stick to a relatively cautious tone but could signal the possibility of another rate cut before year-end.
  • The rate decision itself is at 13:00BST/14:00CET, followed by the release of the policy statement and press conference at 14:00BST/15:00CET.
  • Our full preview for today’s decision, with a summary of sell-side analyst views, can be found here.