158 result(s) for base rate cut
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
OECD Report: High Qualification Well Rewarded In Hungary
- 25 Nov 2015 8:00 AM
- business
High qualification is well rewarded in Hungary in terms of earnings, with workers holding university degrees earning twice as much as those with a secondary education, the OECD said in its Education at a Glance 2015 report. The report said the large earnings advantage may in part be due to the relatively small share of people holding higher education degrees in Hungary.
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
Internet Taxes “Could Be Cut From Next Year” In Hungary
- 13 May 2015 9:00 AM
- tech
Taxes related to internet use in Hungary could be reduced from the start of 2016, the government’s commissioner for national consultation on the internet said. VAT on internet subscriptions, the special telco tax or the utilities tax on broadband networks could be reduced, Tamás Deutsch told the Media Hungary conference.
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
OECD Report: High Qualification Well Rewarded In Hungary
- 25 Nov 2015 8:00 AM
- business
High qualification is well rewarded in Hungary in terms of earnings, with workers holding university degrees earning twice as much as those with a secondary education, the OECD said in its Education at a Glance 2015 report. The report said the large earnings advantage may in part be due to the relatively small share of people holding higher education degrees in Hungary.
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
Internet Taxes “Could Be Cut From Next Year” In Hungary
- 13 May 2015 9:00 AM
- tech
Taxes related to internet use in Hungary could be reduced from the start of 2016, the government’s commissioner for national consultation on the internet said. VAT on internet subscriptions, the special telco tax or the utilities tax on broadband networks could be reduced, Tamás Deutsch told the Media Hungary conference.