February 26, 2019 / 9:23 AM / in 3 months

Hungary central bank in a normalisation phase -Governor

BUDAPEST, Feb 26 (Reuters) - Hungary’s central bank is in a normalisation phase of monetary policy, Governor Gyorgy Matolcsy told a parliamentary committee hearing on Tuesday, adding that it was “good news” that inflation has risen towards the bank’s target.

“The National Bank of Hungary is in a normalisation phase, while also preserving the character stemming from its (mandate),” Matolcsy said.

“It is predictable and has one single anchor in its inflation targeting system: the 3 percent plus/minus 1 percentage point inflation.” (Reporting by Gergely Szakacs and Marton Dunai)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below