56 result(s) for monetary council in Business
Hungary Rates Could Go As Low As 2.5%
- 10 Jan 2014 8:00 AM
- business
Hungary’s central bank has room to cut interest rates to as low as 2.5%, and while it said in December that it could slow the pace of easing, this is not a done deal, one of the bank’s deputy governors, Ádám Balog, said on Thursday.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Monetary Council Solid On Rate Cuts In Hungary
- 16 May 2013 9:00 AM
- business
Monetary Council members voted unanimously to reduce the base rate for the ninth consecutive month by 25 basis points to 4.75% at the April 23 meeting, according to the minutes released yesterday.
Xpat Opinion: Matolcsy’s First Rate Cut In Hungary
- 29 Mar 2013 8:00 AM
- business
Commentators across the political spectrum discuss the National Bank’s decision to go ahead with regular interest rate cuts and comment on the move of former National Bank President András Simor to the ERBD as a Vice-President.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Analysts Expect Further Easing By MNB In Hungary
- 15 Dec 2012 6:00 AM
- business
The MNB’s monetary council will cut the base rate from 6.0% to 5.75% at its rate-setting meeting next Tuesday, in the unanimous view of analysts queried by Napi Gazdasag. A similar survey by Reuters last week produced a similar result.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Ministry Submits Amendments To Hungary's Central Bank Law
- 18 Apr 2012 9:00 AM
- business
"The cabinet late Tuesday submitted to Parliament motions to strengthen the independence of the central bank, a precondition for the start of loan talks with the IMF, the Economy Ministry announced. Government representatives discussed the central bank law with the EU, the IMF, the MNB and the European Central Bank in Frankfurt on Monday.
Hungary Rates Could Go As Low As 2.5%
- 10 Jan 2014 8:00 AM
- business
Hungary’s central bank has room to cut interest rates to as low as 2.5%, and while it said in December that it could slow the pace of easing, this is not a done deal, one of the bank’s deputy governors, Ádám Balog, said on Thursday.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Monetary Council Solid On Rate Cuts In Hungary
- 16 May 2013 9:00 AM
- business
Monetary Council members voted unanimously to reduce the base rate for the ninth consecutive month by 25 basis points to 4.75% at the April 23 meeting, according to the minutes released yesterday.
Xpat Opinion: Matolcsy’s First Rate Cut In Hungary
- 29 Mar 2013 8:00 AM
- business
Commentators across the political spectrum discuss the National Bank’s decision to go ahead with regular interest rate cuts and comment on the move of former National Bank President András Simor to the ERBD as a Vice-President.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Analysts Expect Further Easing By MNB In Hungary
- 15 Dec 2012 6:00 AM
- business
The MNB’s monetary council will cut the base rate from 6.0% to 5.75% at its rate-setting meeting next Tuesday, in the unanimous view of analysts queried by Napi Gazdasag. A similar survey by Reuters last week produced a similar result.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Ministry Submits Amendments To Hungary's Central Bank Law
- 18 Apr 2012 9:00 AM
- business
"The cabinet late Tuesday submitted to Parliament motions to strengthen the independence of the central bank, a precondition for the start of loan talks with the IMF, the Economy Ministry announced. Government representatives discussed the central bank law with the EU, the IMF, the MNB and the European Central Bank in Frankfurt on Monday.