Reported 11 days ago
Donald Trump's election win may favor Hungarian Prime Minister Viktor Orban politically, but it poses significant economic risks for Hungary, particularly due to increased inflationary pressures on the forint and potential tariffs affecting the European auto sector. The forint has fallen sharply since September, raising concerns among investors about the Hungarian economy, which is heavily reliant on exports to Germany. There are fears that political pressures could lead to extensive rate cuts by the central bank, threatening economic stability and contributing to rising inflation.
Source: YAHOO