NBH post-policy statement: Keeping a cautious and data-driven mode for rate policy
Newsquawk Staff ·
- Incoming data point to a more moderate inflation outlook.
- The stronger forint, as well as the postponed phaseout of regulated fuel prices and price margin caps moderate the rate of price increases.
- However, high global energy and commodity prices pose upside risks to inflation.
- The inflation outlook has improved significantly. However, the uncertain global economic environment warrants a careful approach to monetary policy.
Sources
- CBR Governor Nabiullina says we need longer period of tight monetary policy
- Indonesia's central bank official says rupiah movement still manageable following MSCI announcement last week and says we will respond if needed to ensure supply and demand in the FX market
- NBH says committed to achieving the inflation target in a sustainable manner
- NBH Governor Varga says that 2026 inflation is to be below 3%
- NBH Kurali says that Hungary must make the euro commitment clear in the 2027 budget
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