National Bank springs sharp base rate surprise
Thursday, June 30th, 2022Analysts describe the biggest rate increase by the National Bank for 14 years as shocking but laudable – and predict further increases until September. READ MORE
Former National Bank President predicts restrictions
Saturday, January 8th, 2022György Surányi, who served as President of the National Bank under a socialist-liberal government in the 1990s, sees monetary and fiscal restrictions as necessary. A pro-government economist dismisses the suggestion and accuses Surányi of serving foreign interests. READ MORE
Mortgage interest rates capped
Friday, December 24th, 2021The leading independent online business news outlet doubts that the government’s decision to freeze mortgage interest rates will help to keep surging inflation at bay. READ MORE
Dispute over Hungary’s economic outlook
Saturday, December 11th, 2021A left-wing commentator fears that the government’s spending policies will further fuel already rampant inflation. A pro-government analyst quotes two independent analyses to justify his confidence that Hungarian growth will skyrocket. READ MORE
National Bank raises its base rate
Thursday, November 18th, 2021A financial analyst admits that the issuing bank is taking inflation more seriously than so far but is only cautiously optimistic about the success of the moderate shift in the National Bank’s monetary policy. READ MORE
National Bank’s rate hikes deemed necessary
Friday, September 3rd, 2021An independent economist welcomes the National Bank’s base interest rate hikes and the announcement of incremental tapering. He believes that returning to more orthodox monetary measures will help Hungary prepare for future financial turmoil. READ MORE
Matolcsy cautions against rushed introduction of Euro
Friday, August 6th, 2021A left-wing commentator disagrees with the National Bank governor, who does not consider as timely the adoption of the common European currency. A conservative economist remarks that Hungary cannot in any case rapidly introduce the Euro – thanks to the previous Socialist-Liberal governments. READ MORE
National Bank raises base rate
Thursday, June 24th, 2021Commenting 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
National Bank hints at rate hike
Saturday, May 29th, 2021As 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
Monetary experts warn against high debt
Saturday, March 20th, 2021Two 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