January 30, 2024 12:40 GMT
NBH Rate Decision Coming Up (13:00GMT/14:00CET)
- The National Bank of Hungary are widely expected to increase the pace of monetary policy easing with a 100bp cut to the base rate, taking it to 9.75%.
- The more aggressive easing move follows guidance from Deputy Governor Virag earlier this month, where he strongly hinted that conditions facilitate a cut of greater magnitude than the 75bps delivered in the previous three meetings.
- The rate decision will be announced at 13:00GMT/14:00CET followed by the policy statement and briefing by Deputy Governor Virag at 14:00GMT/15:00CET. See the full MNI Preview, with a summary of sell-side analyst views, here.