Free Trial

NBH Expected To Ease Policy Next Week, Likely Lean Towards Smaller 25BP Move

HUNGARY
  • The NBH is expected to decide between a 25bp or 50bp rate cut, with sell-side consensus leaning towards the former. Deputy Governor Virag has repeatedly stated that he sees the base rate within the 6.75-7.00% range by the end of June, effectively leaving the central bank with just the two aforementioned options. Recent market instability as well as developments at the Fed and ECB would argue for a slowdown in the pace of easing from the 50bps delivered last month.
  • A full preview with analyst views will be published Monday.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.