Hungary's Central Bank Holds Key Rate at 5.50%, Cuts Medium-Term Inflation Target to 2.5%

Commerzbank··HU·Read original
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Summary · why it matters

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.

Impact on assets 4

Financials▲ · 1 stocks
Commerzbank AG
CBK
± MixedCapitalrelevance

Commerzbank analyst Praefcke only provided commentary on the MNB decision, no company-specific development

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