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Tag: monetary_council

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Minutes show three-way split in Hungary's Monetary Council

May 9, 2012, 2:11 pm
As the Governor of Hungary’s central bank (NBH) revealed on 24 April, one member of the Monetary Council voted to raise the 7.00% base rate by 25 basis points (Deputy Governor Júlia Király) and one... 

Hungary c.bank can start careful rate cuts once aid talks with IMF begin - rate-setters

May 9, 2012, 8:56 am
Hungary's central bank (NBH) could start carefully reducing interest rates after the government begins talks with international lenders on a new loan to stabilise the country's indebted economy, two policy... 

Risk perception, CPI trends warrant cautious monetary policy stance in Hungary

April 24, 2012, 3:06 pm
The Monetary Council of Hungary’s central bank (NBH) has on Tuesday reviewed the latest economic and financial developments and voted to leave the key policy rate unchanged at 7.00%, as expected... 

Hungary c.bank keeps rates on hold, as expected

April 24, 2012, 2:00 pm
The rate-setting body of Hungary’s central bank (NBH) has decided on Tuesday for the fourth consecutive month to keep the key policy rate unchanged at 7.00%. This has not surprised anyone on the... 

No rate cuts in Hungary until there's only waiting for an IMF credit deal - Portfolio.hu Poll

April 24, 2012, 8:00 am
Hungary’s central bank will leave its key policy rate unchanged at 7.00% on Tuesday, according to analysts’ consensus estimate in a Portfolio.hu poll. They say the Monetary Council has no reason... 

Hungary c.bank can cut rates once risk perception is much better, risk premium drops - Karvalits

March 30, 2012, 10:46 am
Hungary’s central bank (NBH) sees no room to lower its key policy rate, the highest in the European Union, until risk perceptions improve, NBH Deputy Governor, Ferenc Karvalits, told Dow Jones in... 

INSTANT VIEW - Hungary central bank leaves benchmark rate on hold at 7.00% (3)

March 27, 2012, 2:24 pm
(Adds comment by Erste, Citi, Raiffeisen) The Monetary Council of Hungary’s central bank (NBH) has left the base rate unchanged at its monthly policy meeting on Tuesday. The benchmark rate has been... 

Neither up nor down - Hungary c.bank keeps base rate on hold again

March 27, 2012, 2:00 pm
The Monetary Council of Hungary’s central bank (NBH) has left the base rate unchanged at its monthly policy meeting on Tuesday. The benchmark rate has been on hold since end-December 2011 and at... 

Hungary markets, central bank in wait-and-see mode until IMF/EU deal - Poll

March 23, 2012, 2:53 pm
Hungary’s central bank (NBH) will leave its key policy rate on hold next Tuesday, analysts projected in a Portfolio.hu poll on Friday. This would be the third month in a row when the Monetary Council... 

One rate setter voted in February to cut Hungary's base rate - minutes

March 14, 2012, 3:12 pm
At the 28 February policy meeting of the Hungarian central bank’s (NBH) Monetary Council, six members voted to maintain the base rate at 7.00% and one member, János Cinkotai, voted to lower it by... 

Hungary rate-setters say volatility continue to warrant cautiuos policy stance

February 28, 2012, 3:04 pm
At its meeting on 28 February, the Monetary Council of Hungary’s central bank (NBH) has reviewed the latest economic and financial developments and voted to leave the central bank base rate unchanged... 

Hungary MPC sheds light on decision to hold rates - not

January 24, 2012, 3:55 pm
At its meeting on 24 January, the Monetary Council of Hungary’s central bank (NBH) reviewed the latest economic and financial developments and voted to leave the central bank base rate unchanged... 

Hungary rate-setters discuss on hold, 50-bp hike proposals - Simor

January 24, 2012, 3:06 pm
Hungary’s Monetary Council discussed two proposals at its Tuesday policy meeting, on to hold the base rate unchanged at 7.00% and one to raise it by 50 basis points, central bank (NBH) Governor András... 

Hungary c.bank will hike rates further if necessary - Dec11 minutes

January 11, 2012, 3:14 pm
At the 20 December 2011 policy meeting of the Hungarian central bank’s (NBH) Monetary Council five members voted to raise the base rate by 50 basis points to 7.00%, while two members (Ferenc Gerhardt... 

Capital and liquidity position of Hungarian banking sector stable - c.bank

January 10, 2012, 2:07 pm
In accordance with its meeting schedule, the Monetary Council of Hungary’s central bank (NBH) has on Tuesday reviewed the latest economic and financial developments. But instead of its usual one... 

Thus spake the ECB on Hungary's new Central Bank Act

December 22, 2011, 4:14 pm
The European Central Bank has once again expressed concern over Hungary's new Cental Bank Act, currently in the legislative phase. The ECB is of the view that increasing the number of Vice Governors and... 

Hungary gets junk rating from S&P for Christmas

December 22, 2011, 7:51 am
Standard & Poor's has downgraded Hungary's sovereign debt from BBB- to BB+, which means the country now has junk rating. To make matters worse, the rating comes with negative outlook. This means Hungarian... 

Hungary c.bank says will hike rates further if risk perception, CPI outlook worsen

December 20, 2011, 3:04 pm
On Tuesday, the Monetary Council of Hungary’s central bank (NBH) reviewed the latest economic and financial developments and voted to raise the base rate by 50 basis points to 7.00%. The MPC reiterated... 

Gov. Simor differs from government plan for Hungary's central bank

December 19, 2011, 6:30 pm
Speaking in Parliament's Economic Committe, Governor of the National Bank of Hungary András Simor took a stance against government plans to appoint one more Vice Governor at the central bank and expand... 

Analysts foresee Hungary hike rate in Dec - Portfolio.hu Poll

December 19, 2011, 4:11 pm
November’s 0.5 percentage point rate hike may be followed by a second one in Hungary, according to a Portfolio.hu analyst poll. In 2012, interest rate trends will remain driven by financial stability... 
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Latest news

11:38 | OECD lowers growth, budget deficit forecasts for Hungary

10:23 | Hungary aid negotiator designate Varga wants achievable conditions in IMF/EU credit deal (2)

09:48 | ANALYST VIEW - ING ups target price, keeps 'Sell' rating for Hungary's Richter

09:16 | Hungary EcoMin to appoint deputy state secretary Nátrán to lead Eximbank - paper

08:00 | Selling companies, in a recessive environment? (x)

16:51 | Hungary to buy 8,000 properties from non-paying FX mortgage borrowers in 2012

16:10 | Government measures exhaust Hungarian unit of KBC, K&H Bank Q1 profit plummets

14:18 | AAA Auto triples net profit in the first quarter of 2012

11:04 | Hungary plans no Eurobond issue before IMF/EU credit deal - ÁKK Dep.CEO

09:19 | Opel expects production boom, headcount increase in Hungary

08:35 | No more new taxes in Hungary - state secretary

16:51 | EBRD revises GDP estimate for Hungary upward, sees mild recession in 2012

16:27 | ANALYST VIEW - Hungary seeks to avoid IMF deal or at least loosen conditions - Citi

15:59 | ANALYST VIEW - Hungary commitment to seal IMF deal remains questionable - RBS

15:23 | "Negative buzz" around Hungary over new taxes

14:41 | Hungary Parliament nods on new telecom tax, Telenor to deflect levy on clients

13:38 | Hungarians will take half of their bank deposits abroad if transaction tax remains unchanged - Patai

13:27 | Hungary Magyar Telekom CEO buys 42,000 company shares

09:27 | Hungary PM wants to suspend party subsidising from state budget in 2013-14

09:01 | Hungary real wages drop 5.2% yr/yr in March (2)

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