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NBH Release November Meeting Minutes

HUNGARY
  • In the Monetary Council’s assessment, maintaining the current level of the base rate for a prolonged period was consistent with the achievement of the price stability objective over the monetary policy horizon.
  • The targeted measures taken by the Bank in mid-October had led to an improvement in financial market stability in a rapidly changing risk environment. The one-day deposit quick tenders and FX swap transactions resulted in tighter interest rate conditions at the short end of the yield curve.
  • Link to full meeting minutes: https://www.mnb.hu/letoltes/roviditett-jegyzokonyv...
  • Link to macroeconomic and financial market developments: https://www.mnb.hu/letoltes/hatteranyag-a-monetari...

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