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MNI BRIEF: Hungary Central Bank Cuts To 7.75% As Expected

(MNI) LONDON

Hungarian National Bank slows rate cut pace from 75 to 50bps, as policy enters "new phase" signalled last month.

HomepageBellEM Policy NewsCEEMEAEM Policy StoryEM BriefEM Central Bank NewsStoryHungaryRegionNational Bank of Hungary

The Hungarian National Bank cut key rates by 50bps as expected on Thursday, with public statements likely to continue to emphasise the importance of adopting cautious, data-dependent approach ahead of a likely uptick in headline inflation later this year. (See MNI WATCH: NBH To Slow Cuts In Line With March Guidance)


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The Hungarian National Bank cut key rates by 50bps as expected on Thursday, with public statements likely to continue to emphasise the importance of adopting cautious, data-dependent approach ahead of a likely uptick in headline inflation later this year. (See MNI WATCH: NBH To Slow Cuts In Line With March Guidance)