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NBH Sees Further Rate Hikes to Slow Inflation, 1-wk Deposit Rates to Rise at Least 30bp

HUNGARY
  • NBH sees further rate hikes to slow inflation
  • Hungary to raise 1-week rate by `at least' pace of reserve hike
  • NBH to end its government bond purchase plan
  • NBH to also end its corporate bond program sees 2022 gdp at 4%-5%
  • Hungary inflation risks continue to point upwards: central bank
  • sees 2022 CPI at 4.7%-5.1%,
  • Sees 2023 inflation aligned with target
  • statement here: https://www.mnb.hu/en/monetary-policy/the-monetary...
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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