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National Bank of Hungary (MNB) deputy-governor Barnabás Virág suggested central bank policymakers would cut the base rate by 75 basis points at a monthly policy meeting in November, as they did in October, addressing a conference organized by the Official Monetary and Financial Institutions Forum (Omfif) in Budapest last week, according to novekedes.hu.
Experts have poked holes in Javier Milei's radical plans, which could lead to more economic hardship
The outlook for the Hungarian economy is favorable, returning to dynamic growth next year, the Minister of Finance said at an international economic forum.
2023 is shaping up to be a year where firms are prioritizing their environmental, social, and governance, or ESG, practices and investing more in sustainable projects.