HungaryHU-10Y.GB2
Hungary's Central Bank Holds Key Rate at 5.50%, Cuts Medium-Term Inflation Target to 2.5%
The Hungarian Central Bank kept its key rate at 5.50% while lowering its medium-term inflation target to 2.5% from 2028, a cautious stance that Commerzbank's Antje Praefcke says supports the forint. The MNB slightly raised its 2027 inflation forecast and will move to eight policy meetings per year. Commerzbank's Antje Praefcke reviewed the decision.
USDHUF.FOREX · Monetary · Negative MNB held rate at 5.50% and cautious stance supports the forint
HU-10Y.GB · Monetary · Neutral MNB held key rate at 5.50% and cut medium-term inflation target, affecting Hungarian yields
CBK.XETRA · Capital · Neutral Commerzbank analyst Praefcke only provided commentary on the MNB decision, no company-specific development