Why Hungary is bucking the interest rate trend

Hungary's central bank is set to raise interest rates for the first time in eight years. And while it's likely to be a modest step, it comes at a time when other central banks, including the European Central Bank and Federal Reserve, are turning more dovish. So what's going on?

Peter Virovacz

Senior Economist, Hungary

WATCH: Hungary set to hike rates

Hungary's central bank is about to start the process of normalising monetary policy, with a 10 basis point rate hike

Author

Peter Virovacz

Senior Economist, Hungary

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