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HUNGARY: NBH's Pleschinger Says No Room For Rate Cuts This Year

HUNGARY
CEEMEAEM BulletBulletEmerging Market NewsHungary
  • "*HUNGARY MPC'S PLESCHINGER SEES INTEREST RATES STABLE THIS YEAR" - BBG
  • "*HUNGARY'S PLESCHINGER SEES VARGA KEEPING FOCUS ON CPI TARGETING"
  • “Foreign investors always have concerns about a new central bank leadership team,” Pleschinger said in an interview in Budapest on Monday. “But I think the new management will do what it’s supposed to do.” (Bloomberg)
  • It is worth noting that Pleschinger's term expires March 2025 and that he has previously dissented in the hawkish direction.
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  • "*HUNGARY MPC'S PLESCHINGER SEES INTEREST RATES STABLE THIS YEAR" - BBG
  • "*HUNGARY'S PLESCHINGER SEES VARGA KEEPING FOCUS ON CPI TARGETING"
  • “Foreign investors always have concerns about a new central bank leadership team,” Pleschinger said in an interview in Budapest on Monday. “But I think the new management will do what it’s supposed to do.” (Bloomberg)
  • It is worth noting that Pleschinger's term expires March 2025 and that he has previously dissented in the hawkish direction.