HomeEconomyHungary's central bank to hold benchmark rate at 13% next week -... Economy Hungary's central bank to hold benchmark rate at 13% next week – Reuters poll By farahat April 21, 2023 0 39 views Share FacebookTwitterPinterestWhatsApp C -1.% Add/Remove from Watchlist Join the watch list Add Job Location successfully added to: Please name your holding portfolio type: purchase Sell date: quantity: price point value: Leverage: 1:1 1: 1: 1: 1: 11 1: 11 1: 14 1: 52 1: 52 Committee: 700 Create New Watchlist Create 2021430 700 Create a new shareholding portfolio Add Create 700400 + add another position to close Author: Gregory Sarkach BUDAPEST (Reuters) – The Hungarian National Bank is expected to Keeping benchmark interest rate steady at % At its policy meeting next Tuesday, the bank said it would cut the top of its rate corridor, citing reduced market risk. Many economists say inflation has peaked in Central Europe, Deputy Governor Barnabas Virag Virag) said the interest rate corridor used by Hungarian policymakers is narrowing, which could set the stage for the region’s first rate cut since . Virag said One cut into the bank % Maximum mortgage rates next week will be part of a “multi-step process” of policy normalization. all The Economist for April – A Reuters survey shows that the Hungarian National Bank will keep the EU’s top benchmark interest rate unchanged % next week, cut value 11 basis points to the end of the year. In October last year, the bank also launched a one-day deposit % interest rate, in the past Half a year helped the forint from record lows against the euro. ” We expect (monetary board) may lower upper edge closer to %Efficient,”500400 Citigroup (New York Stock Exchange:1000C ) Economist Eszter Gargyan said. “o/n deposit rate change may only happen after May, at the earliest. Market will be watching for MPC statement and subsequent briefing Any hints about the timing of the first cut.” The trading price of HUF is about 11- per Euro Friday Falling one-to-one hit a high for the year on Tuesday, down about 2 percent since the central bank’s surprise announcement. NBH says latest inflation data – showing headline rates higher than % – In line with expectations. Economists at ING said the extent of the cut in the upper limit of the central bank’s interest rate corridor next week will depend on the movement of the forint. “If we see The currency is stable and we may see a bold move 25 bp cut,” ING said. ” In this way, the overnight repurchase rate will be the same as %Efficient , it is suggested that from now on, the only way is to reduce the effective interest rate.” 378 Share FacebookTwitterPinterestWhatsApp Previous articleBrie Larson Scientist-Turned TV Cooking Host in 'Chemistry Lesson' TrailerNext articleWhere would a fifth championship ring place LeBron on Skipp's all-time NBA roster? | Skip the Bayless Show farahat RELATED ARTICLES Economy Debt bill looks to further raise cost of insuring U.S. defaulted contracts May 30, 2023 Economy Labor costs not pushing up inflation: San Francisco Fed paper May 30, 2023 Economy Rishi Sunak to visit Washington next week for talks with Biden May 30, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Are Jayson Tatum and Jaylen Brown enough to bring Boston a title? | What is Wright? May 30, 2023 Motorola Razr 40 Ultra ad appears on European billboards May 30, 2023 8 Must-Visit Ski Resorts in Summer May 30, 2023 Kate Winslet on body shaming, the power of Gen Z, and what keeps her grounded May 30, 2023 Load more Featured NEWS Mariners Rangers: Free Online Live MLB Streams, Channels September 30, 2022 Poker Abile A sbafo gratorama delete account In assenza di Deposito July 22, 2022 HIDIVE delayed the first episode of the hookup because I somehow got stronger as I improved my farm-related skills.Japanese animation September 30, 2022 The 42 Best Jewelry Brands to Know Now and Buy Forever November 23, 2022 Load more