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The number of employed people dropped on a yearly basis in Hungary for the first time in ten years in February and this happened before the Covid-19…
It's still too early to call an end to the dollar's gains, but we may now see less volatility as the funding squeeze eases
Unlike most CEE central banks, the central bank of Hungary did not embark on QE but rather introduced emergency liquidity measures. As this is an…
The Fed is doing all it can to keep the financial system afloat. But it needs help from US policymakers, who are still debating a way forward
Following today’s decisions, monetary policy is entering a new phase in Romania. We expect a significant downward adjustment in rates and increased…
Central banks have shown they don't need any scheduled meetings to announce fire-fighting responses to the economic shocks of Covid-19. Nonetheless,…
Central bank action has helped risk assets and cyclical currencies but it's still too soon to call a bottom
As Covid-19 spreads across Europe causing more and more countries to take extraordinary measures, Central and Eastern Europe is no exception. Following…
Headline CPI eased somewhat on fuel prices but remains elevated. In light of the coronavirus and oil market developments, this data might prove to be…
Markets are stabilising after a sharp selloff on Monday but the number of coronavirus cases in Europe and the US is likely to grow and economic data is…
