Hungarian Forint Outlook: Softer CPI Opens Door For Rate Cuts, Says Commerzbank - Bitcoin World
From the original
Hungarian Forint Outlook: Softer CPI Opens Door For Rate Cuts, Says Commerzbank Bitcoin World
Related speeches
4 itemsEUR/HUF: Regime change supports forint outlook – Commerzbank - FXStreet
Hungarian Forint Swap Move Signals Rising MNB Easing Risk, Commerzbank Warns - CryptoRank
National Bank of Hungary Review: The door opens to change
Why surprisingly low Hungarian inflation could be a game changer
The unexpectedly low inflation rate in Hungary, falling to 1.8% in May from 2.1% in the previous month, has reshaped the outlook for monetary policy by the National Bank of Hungary (NBH). Per the full note [source], this new data shifts the conversation from the potential for rate cuts to the magnitude of those cuts, with analysts forecasting a possible reduction of either 25bps or 50bps at the upcoming meeting on June 23. This surprising softness signifies not only a rate cut would be likely but also that the broader economic impacts could lead to more aggressive dovish positioning from monetary authorities.
More from GOOGLE NEWS
5 items- GOOGLE NEWS
Oil supply surge expected after Hormuz reopening, but price collapse unlikely - Invezz
- GOOGLE NEWS
Oil supply surge expected after Hormuz reopening, but price collapse unlikely - Invezz
- GOOGLE NEWS
XPDUSD|Palladium|Price:1347.570|Chg%:8.03 - TradingKey
- GOOGLE NEWS
Commerzbank Lifts Profit Forecast by 11% as Investors Weigh Pullback from 26% Rally - AD HOC NEWS
- GOOGLE NEWS
Euro Faces Complex Rate Path Questions, Warns Commerzbank - MEXC