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National Bank’s rate hikes deemed necessary

Friday, September 3rd, 2021

An 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, 2021

A 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, 2021

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

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

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

Forint expected to weaken further

Friday, October 16th, 2020

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

National Bank cuts base rate

Friday, June 26th, 2020

A pro-government analyst welcomes the National Bank’s decision to cut the base interest rate to 0.75 per cent in order to boost growth. A left-wing commentator fears that the Forint will sink further and Hungarian families will save less. READ MORE

A new strategy at the Hungarian National Bank?

Friday, June 12th, 2020

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

Christmas consumer spending skyrockets

Tuesday, December 24th, 2019

A pro-government economist interprets record end of year spending as a proof of Hungary’s prosperity. A left-wing commentator criticizes untrammelled consumerism. READ MORE

Skirmish between Varga and Matolcsy

Saturday, September 21st, 2019

As the Minister of Finance and the President of the National Bank disagree on monetary policy, left-wing and pro-government analysts offer diametrically opposing views on the state of the Hungarian economy. READ MORE