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NBH Deputy Governor Says Room To Cut After June 'Very Limited'

HUNGARY
  • Comments filtering through from Deputy Governor Virag, slightly on the hawkish side when noting that the room to cut after June is very, very limited:
    • HUNGARY CLOSELY MONITORING RISKS AFFECTING FORINT, YIELDS
    • FED, ECB RATE DIVERGENCE MAY BOOST EM VOLATILITY
    • SEES 6.75%-7% KEY RATE AFTER JUNE DECISION
    • HUNGARY RATE-CUT ROOM `VERY, VERY LIMITED' AFTER JUNE
    • HUNGARY CENTRAL BANK VOTED UNANIMOUSLY FOR 50BPS RATE CUT (BBG)

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