160 result(s) for base rate cut
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
Hungary Retail Sales Up 0.6% m/m vs. Drop In Dec
- 24 Mar 2010 2:00 AM
- shopping
"The volume of retail sales in Hungary rose by 0.6% month on month in January, following an 0.6% drop in December 2009, the Central Statistics Office (KSH) has reported on Tuesday.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on Tuesday.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
Hungary Retail Sales Up 0.6% m/m vs. Drop In Dec
- 24 Mar 2010 2:00 AM
- shopping
"The volume of retail sales in Hungary rose by 0.6% month on month in January, following an 0.6% drop in December 2009, the Central Statistics Office (KSH) has reported on Tuesday.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on Tuesday.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.