HALISTER1: Concorde Securities Sees First Hungary Rate Increase in 2018

Concorde Securities Sees First Hungary Rate Increase in 2018

(Bloomberg) -- Central bank may start tightening in 2018 at the earliest, analyst Janos Samu tells reporters in Budapest.
  • 3-month BUBOR unlikely to drop below 0.2%
  • Forint forecast to stabilize at close to 300/EUR in 2017
  • Expects avg CPI at 2% this year, at 2.2% at year-end
  • Sees 3.5% GDP growth in 2017
  • NOTE: Hungary Digs In Against Tightening Bets by Boosting Liquidity
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Janos Samu (Concorde Securities RT)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283