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Hungary to overshoot c.bank inflation goal in 2010 - Portfolio.hu Poll

The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below... 

Hungary's international reserves rise to record high in Feb - c.bank

Hungary’s international reserves rose to a new all-time high of EUR 32.86 billion in February... 

Hungary c.bank to start to boost forint lending on 10 March

The National Bank of Hungary (NBH) has on Thursday published the details of its mortgage bond purchase... 

Hungary seen missing its 2010 budget deficit target - c.bank

Although Hungary’s central bank (NBH) has listed a number of favourable macroeconomic changes in... 

Hungary c.bank sees inflation easing, but at a slower pace

The decline in Hungary’s inflation will continue, albeit at a slower pace than previously envisaged... 

Hungary c.bank ups CPI fcasts for 2010, 2011, sees smaller GDP contraction this year

The National Bank of Hungary (NBH) has raised its inflation forecast for both 2010 and 2010, while it... 

INSTANT VIEW - Hungary c.bank trims rate to historic low (5)

(Adds comment by Goldman Sachs, Nordea on page3) The National Bank of Hungary (NBH) has reduced its... 

Hungary c.bank cuts base rate to all-time low

The National Bank of Hungary (NBH) has reduced its key policy rate by 25 basis points to 5.75% on Monday... 

Hungary's general government does real "magic"

The Hungarian economy has made a mesmerizing turn at the end of 2009. According to seasonally adjusted... 

Hungary c.bank decides 6:3 to cut base rate by 25 bps in January - minutes

Hungary’s Monetary Council decided 6 to 3 to lower the central bank’s (NBH) base rate by... 

Greek woes limit rate cut room for Hungary's c.bank - rate setter

Hungary’s room to cut its key policy rate is limited by the risk of Greece’s fiscal crisis... 

Hungary c.bank starts programme to boost forint lending

The Monetary Council of Hungary’s central bank (NBH) has held a non-rate-setting meeting on Monday... 

USD bond issue boosts Hungary's international reserves to all-time high

Hungary’s international reserves jumped to an all-time high of EUR 32.5 billion in January as... 

Hungary's central bank may face fracas with Fidesz

The National Bank of Hungary (NBH) may face a conflict with the incoming government that may even attempt... 

INSTANT VIEW - Hungary's c.bank cuts base rate to historic low (5)

(Adds comment by Capital Economics, Goldman Sachs, Wood & Co. on page 4) Hungary’s central bank... 

Further rate cuts hinge on Hungary's risk assessment - c.bank chief Simor

Hungary’s central bank (NBH) slowed the pace of monetary easing in December as a response to dwindling... 

Hungary's base rate to be cut further if changes in risk assessment allow - c.bank

Hungary’s Monetary Council has reviewed the latest economic and financial developments at its monthly... 

Hungary's base rate has never been lower, c.bank cuts 25 bps

Hungary’s central bank (NBH) has lowered its key policy rate by 25 basis points to 6.00% on Monday... 

Hungary's central bank discontinues EUR/CHF foreign exchange swaps

The Swiss National Bank (SNB), the European Central Bank (ECB), the Narodowy Bank Polski (NBP) and the... 

Hungary c.bank Dep.Gov. Karvalits urges caution in rate cuts

Hungary's high debt levels keep it vulnerable to still-significant shifts in global risk appetite and... 

Bone chilling changes in Hungary's housing loans

Forint deposits have become less popular in November as interest rates on deposits have dropped, while... 

Latest releases, statistics
Inflation  
- Medium-term target 3.0%
- Latest (10-01) 6.4%
Base rate (10-02) 5.75%
EUR/HUF central rate (2010.03.11) 266.82%
Views and Interviews

Hungary c.bank to cut rates 150 bps then stop for a while - Reuters poll

Hungary’s central bank (NBH) is to lower its base rate by 50-50 basis points at its monthly policy meetings in November (next Monday) and December... 

OECD sees limited room for rate cuts in Hungary

After a sizeable contraction in 2009, GDP growth should progressively resume in 2010, and gather pace in 2011, on the back of a strengthening foreign demand... 

Moans about loans - New head of the Hungarian Banking Association on c.bank idea

A new proposal by Hungary’s central bank (NBH) to restrict FX - and eventually forint-based - lending would deepen recession in the country and keep... 
Commentary

INSTANT VIEW - Hungary's c.bank cuts base rate to historic low (5)

(Adds comment by Capital Economics, Goldman Sachs, Wood & Co. on page 4) Hungary’s central bank (NBH) has cut its key policy rate by 25 basis points... 

INSTANT VIEW - Hungary c.bank delivers no surprise, cuts base rate by 50 bps (7)

(Adds comment by Capital Economics, Danske, Erste on page3, Nordea on page4) Hungary’s central bank (NBH) has reduced its key policy rate for its... 

Hungary c.bank seen cutting rates 50 bps on Monday - Reuters poll

The National Bank of Hungary (NBH) is expected to cut its base rate by 50 basis points to 7.00% on Monday, after reductions totalling 200 bps in the past... 






Inflation (%)


Base rate (%)