
"Proliferating risks have not changed analysts' expectations that the next rate cut in Hungary will come only in December. Portfolio.hu's poll, conducted today with the participation of 21 analysts, showed that a sweeping majority of the market expect the National Bank of Hungary (NBH) to leave the base rate on hold at 7.50% next Monday, and that the last policy meeting this year could produce a 25-bp monetary easing.
22.11.2007