The weeklies were already on the stands when the Prime Minister announced that he had instructed his Finance Minister and asked the President of the National Bank to slash inflation by half next year. Business commentators already express concern over inflation rates that reached 20.1 per cent year on year in September. Online sites have already reacted to the Mr Orbán’s announcement. READ MORE
Analysts describe the biggest rate increase by the National Bank for 14 years as shocking but laudable – and predict further increases until September. READ MORE
Commenting on the rate hike announced by the National Bank on Tuesday, a left-wing columnist interprets National Bank President Matolcsy’s criticism of overspending as a declaration of war on the government. READ MORE
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
A senior financial analyst predicts that the Forint decline against the Euro will continue as a result of low interest rates. He suggests that both low rates and a weaker Forint are beneficial for Hungarian businesses. READ MORE
An independent analyst suspects that the National Bank has abandoned its policy of keeping interest rates down at any price, in an effort to stabilize the exchange rate of the Forint. READ MORE
A well-known economic analyst praises the Hungarian National Bank’s loose monetary policy as well as the government’s fiscally conservative line. He believes that the macro environment is helping Hungarian growth and making the economy resilient to crises. READ MORE
A pro-government commentator describes the government’s new retail bond scheme as a huge success. A left-leaning analyst, on the other hand, finds it controversial that tax revenue is used to pay for the favorable interest rates. READ MORE
A pro-government financial expert cautions the National Bank against yielding to market pressure and raising interest rates. READ MORE