Hungary: MNB worried about global environment
At the monetary council meeting today, the Hungarian central bank (MNB) decided to hike its leading interest rate by 50bp to 8.00%. We had only expected a 25bp hike and the consensus expectation was split between a 25bp and a 50bp hike. The MNB had discussed both of the latter possibilities, as well as unchanged rates.
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Hungary: MNB worried about global environment
At the monetary council meeting today, the Hungarian central bank (MNB) decided to hike its leading interest rate by 50bp to 8.00%. We had only expected a 25bp hike and the consensus expectation was split between a 25bp and a 50bp hike. The MNB had discussed both of the latter possibilities, as well as unchanged rates.
No comments