MNB to follow ‘disciplined, patient policy’ – new governor
In first speech since taking office, Varga says bank will closely monitor food and service inflation
The new governor of the Central Bank of Hungary (MNB) has said discipline and patience will be its guiding principles in 2025.
In his first speech as governor, on March 8 at the Hungarian Chamber of Commerce and Industry, Mihály Varga said that the MNB would pay closer attention to service and food price inflation, as these had been “consistently at a high level”.
He said the economy had begun to grow in the final quarter of 2024, which had been a positive sign, considering the government’s
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