In contrast, policymakers in Hungary and the Czech Republic have signalled that normalisation is imminent. Hungary’s central bank has signalled it will raise rates at its meeting on June 22, making it the first in the European Union to start normalising policy since the COVID-19 pandemic began. The Czech central bank holds a rate setting meeting on June 23, with several Monetary Policy Council (MPC) members signalling a hike is likely.
CEE MARKETS-FX firms on bets on Hungarian, Czech rate hikes
2021-06-16T10:25:47-04:00June 16th, 2021|
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