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1 – 6 of 6The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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Lower wholesale natural gas prices have improved balance-of-payments and fiscal positions and driven down inflation rates in Central Europe (CE). Financial markets are pricing in…
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DOI: 10.1108/OXAN-DB276156
ISSN: 2633-304X
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Geographic
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Moody's, another agency which also rates Hungary one notch below investment grade, has just raised its outlook on Hungary's rating to 'positive' from 'stable'. Hungary's…
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DOI: 10.1108/OXAN-DB206846
ISSN: 2633-304X
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Prospects for emerging economies in 2016.
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DOI: 10.1108/OXAN-DB206634
ISSN: 2633-304X
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The move mainly aims to pre-empt the widely anticipated launch of a sovereign quantitative easing (QE) programme by the ECB on January 22. However, it will accentuate divergences…
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DOI: 10.1108/OXAN-DB197067
ISSN: 2633-304X
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Geographic
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Although the MNB has struck a more hawkish tone and has raised rates more sharply than expected -- the latest increase is the largest since 2008 -- it has a track record of…