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NBH Expected to Maintain 75bp Easing Pace

HUNGARY
  • The NBH are widely expected to deliver another 75bp cut to the base rate at its meeting today (1300GMT/1400CET), taking the rate to 10.75%. Of the sell-side views we have previewed, all are expecting a 75bp cut to the base rate (and indeed identical easing decisions through to the February meeting), though some have noted slight risk of a larger move this month.
    • See the full preview here.
  • There is little else of note in the way of domestic news. Looking ahead, trade balance and current account data are both on the docket on Friday morning.

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