Hungarian Deposit Interest Rate (Jul) 4.75% vs. Exp. 4.75% (Prev. 5%)
The Hungarian deposit interest rate was held steady at 4.75%, matching expectations after a prior reduction from 5%.
Utz Brands (UTZ) said to be taken private at USD 14.25/shr in cash
US Treasury Secretary Bessent says saved USD 100mln from stopping payments to deceased people; think can save USD 350mln this year from payments overhaul, Fox Business reports
Hungarian Deposit Interest Rate (Jul) 4.75% vs. Exp. 4.75% (Prev. 5%)
Tae Kim says Google (GOOGL) is a secular short
German Chancellor Merz spoke with the Azerbaijani President about gas and oil supplies
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This stability suggests a cautious approach from the central bank amidst ongoing economic conditions, reinforcing the current monetary policy stance and likely maintaining pressure on the forint with implications for regional risk sentiment.
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