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National Bank hints at rate hike

Saturday, May 29th, 2021

As the Hungarian National Bank announces plans to raise the base rate to keep inflation at bay, a left-wing analyst fears that families will be in trouble if they need to pay higher interest on mortgages. READ MORE

Government announces pension rise

Saturday, May 1st, 2021

In order to compensate pensioners for higher-than-expected inflation, the government has announced pension hikes retroactive from January. READ MORE

Monetary experts warn against high debt

Saturday, March 20th, 2021

Two chief economists of the Hungarian National Bank dismiss the suggestion, broadly held among left-wing US economists, that governments have no reason to worry about high levels of public debt. READ MORE

Battered Forint sinks 10 per cent this year

Friday, September 25th, 2020

A left-wing commentator thinks the government has contributed to weakening the national currency, while a business analyst sees no hope for a stronger Forint in the foreseeable future. READ MORE

Pensions will be raised by 2.8 per cent in January

Tuesday, December 17th, 2019

A left-liberal columnist thinks old age pensions should be raised by at least 3.5 per cent in 2020. READ MORE

Forint hits all time low against the Euro

Saturday, August 31st, 2019

A left-wing commentator excoriates the National Bank for not intervening in defence of the national currency as its exchange rate scrapes just short of 332 to the Euro. READ MORE

Inflation slows down, but vegetable prices surge

Saturday, August 10th, 2019

A left-wing analyst criticizes the National Bank for not raising the base rate despite the high inflation rate. Other economists think that higher prices are the natural result of increasing wages and a higher demand for higher quality goods. READ MORE

National Bank’s loose monetary policy to continue

Tuesday, July 23rd, 2019

The leading independent business news site agrees with the decision of the National Bank to keep its base rate low. It predicts that as growth slows down in Europe, the Hungarian National Bank can keep its loose monetary policy alive for a long time without having to fear a sudden weakening of the national currency. READ MORE