Decide to Be a Learner
The world is changing rapidly every day. All financial markets move from a smooth pathway to a very volatile environment in the blink of an eye. For each of us to continue to reach and exceed our goals and objectives, we cannot sit still. If we think that we are educated and expect to sit back and just use that knowledge to achieve what we desire, then we are going to receive a big surprise. Only when we decide to continue learning will we stay on a pathway of continued success. Listen to the
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Hungary: Unchanged rates - focus remains on credit crisis
In line with expectations, the Hungarian central bank (MNB) today kept its key policy rate unchanged at 8.50%. This should come as no surprise to anybody. Given the recent pressure on the forint, it is impossible for the MNB to ease monetary policy at the moment - despite the fact that the recent turmoil is likely to lead to a further significant slowdown in growth and reduced inflationary pressures.
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