1002 results for Hungary
Next month's rate convergence is set in stone, but the autopilot will be switched off in the second phase of normalisation
The real reasons why Hungary's labour market is so resilient
We expect the National Bank of Hungary to cut the effective rate again by 100bp next week
We expect Hungary's central bank to cut the effective rate by 100bp, but the main focus of next week's meeting will be on the updated communication
In the EMEA region this week, we expect the Turkish Central Bank to raise its policy rate
More dreadful growth news for Hungary
There will be essential data releases in Poland next week with CPI expected to fall and GDP to decline for the second consecutive quarter
The government has been able to keep the budgetary situation under control despite a bad start to the year, though we think a minor revision is looming in…
In light of today's data, a single-digit inflation rate at the end of the year looks certain
Volatility in long-dated sovereign bonds has remained elevated, but that has almost only been mirrored in a weaker yen in FX since the start of the week
