MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI: GERMANY NOV UE RATE (SA) 6.1% (FCST 6.1%); OCT 6.1%

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: ITALY NOV FLASH HICP +0% M/M, +1.6% Y/Y

MNI: EUROZONE NOV FLASH HICP +2.3% Y/Y

MNI: UK OCT M4 MONEY SUPPLY -0.1% M/M, +3% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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Kovacs and Buza to be Confirmed as New Rate Setters Monday, Unemployment Rises to 4%

HUNGARY
  • Reuters sources confirming reports from Bloomberg and local sources on Tuesday that Eva Buza and economist Zoltan Kovacs will be nominated by the ruling Fidesz party to fill two expiring seats on the central bank's rate-setting Monetary Council. Parliament's economic affairs committee will hold a confirmation hearing of the two candidates on Monday, the sources said.
  • Hungary’s unemployment rate rose 4% in February, in-line with estimates and up from a rate of 3.9% in January.
  • Measures aimed at curbing inflation will remain in place until there is a noticeable improvement, MTI report citing Gergely Gulyas, who added that inflation had slowly started to decline and is expected to fall into single digits by the end of the year. Meanwhile, he said the government will decide on every price cap scheme two weeks before they are set to expire.
  • Prime Minister Viktor Orban will participate in the second day of an ongoing EU summit in Brussels today.
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