FXStreet (Edinburgh) -The research team at BBH has assessed the likeliness that the NBH could remain on hold until 2019.
Key Quotes
“The Hungarian central bank is getting more dovish”.
“Central bank Vice President Nagy said it could hold rates steady into 2019”.
“This went beyond the formal forecast horizon of steady rates until 2017”.
“Deflation risks persist, but it’s hard to see how anyone can try to predict monetary policy four years out”.
(Market News Provided by FXstreet)