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Hungary’s Central Bank Sees More Upside Risks for Inflation

By Marton Kasnyik
The National Bank of Hungary seal. Photographer: Akos Stiller/Bloomberg (Akos Stiller/Bloomberg)

(Bloomberg) -- Hungary’s central bank sees elevated risks to inflation due to higher energy prices and emerging-market risk premia.

  • A careful and patient approach to monetary policy is still warranted, according to central bank statement
  • Central bank sees need for data-driven approach
  • NOTE: Hungary’s central bank kept its benchmark rate unchanged at 6.5%

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