Hungarian National Bank at gunpoint?

25 Jul 2014 11:27|

Published: 25.07.2014

The cycle of interest rates reduction in Hungary which lasts for over 2 years cause the money cost to drop from 7% to 2.1%. However, yesterday the central bank has announed that there will be no more cuts and that there will be no changes in the monetary policy until the end of 2015. Is this the end of HNB supporting the government?

Marcin Lipka, analyst

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