NBH post-policy statement: Keeping a cautious and data-driven mode for rate policy
- 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.
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