Hungary cut interest rates again today, but a combination of familiar financial vulnerabilities and a failure to make meaningful progress on an IMF deal means that the room for further significant cuts to support growth is limited. By contrast, Polish policymakers suffer from no such constraints and another weak set of data this morning support our view that the National Bank will probably cut rates next month.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services