Hungary's Central Bank Governor Emphasizes Need for Disciplined Monetary Policy

Reported about 24 hours ago

In his first public address, Hungary's new central bank governor, Mihaly Varga, emphasized the necessity of a disciplined monetary policy to sustainably manage the country's inflation, which rose to 5.5% in January, exceeding the target of 3%. He noted the increased external macroeconomic risks and the importance of maintaining price stability and financial market stability as key goals for the central bank during his upcoming six-year term.

Source: YAHOO

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