德意志银行-欧洲市场-宏观经济-匈牙利国家银行似乎并不太担心核心CPI上涨-20170822-Hungary:NBH appears hardly concerned about rising core CPI-20170822-DeutscheBank.pdfVIP
- 1、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。。
- 2、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
- 4、该文档为VIP文档,如果想要下载,成为VIP会员后,下载免费。
- 5、成为VIP后,下载本文档将扣除1次下载权益。下载后,不支持退款、换文档。如有疑问请联系我们。
- 6、成为VIP后,您将拥有八大权益,权益包括:VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
- 7、VIP文档为合作方或网友上传,每下载1次, 网站将根据用户上传文档的质量评分、类型等,对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
Deutsche Bank
Research
Emerging Europe Economics Date
Hungary EMEA Snap 22 August 2017
Hungary: NBH appears hardly
concerned about rising core CPI
Kubilay Ozturk
NBH keeps policy tools unchanged
Chief Economist
As expected, the National Bank of Hungary (NBH) kept its base rate unchanged
at its all-time low of 0.9% for the fifteenth consecutive month on Tuesday. The +90-212-3170124
lending rate was also kept unchanged (at 0.9%), as was the overnight deposit
rate (-0.05%). Accordingly, the interest-rate corridor remained steady at 95bps.
There was no change in the cap for the 3-month deposit facility (currently at HUF
300bn for Q3-17) given that the next review date (for the limit at the end of Q4-17)
is September 19th.
Figure 1: Rampant wage growth,
higher core versus relatively tamed
The statement is mostly unchanged from July, except for usual amendments headline
pertaining to the latest macro outturns. In the absence of any update in macro % YoY % YoY
8
您可能关注的文档
- J.P摩根-中国股市重拾信心-2017-2018年展望-2017.9-JPMORGAN-China Property The start of confidence restoration 1H17 results review.pdf
- 巴黎银行-巴西-利率-巴西利率六大组合-Brazil’s rates Six in the mix-20170821-BNPParibas.pdf
- 巴黎银行-拉美-银行业-阿根廷更加激进的央行-20170824-Argentina More aggressive central bank-BNP Paribas.pdf
- 巴黎银行-拉美-信贷行业-阿根廷信贷:目标更高-20170831-BNP Paribas-Argentina credit Aim higher.pdf
- 巴黎银行-外汇策略-巴黎银行导引-20170911-BNP Paribas-BNP Paribas STEER.pdf
- 巴黎银行-外汇策略-外汇定位分析-20170911-BNP Paribas-FX Positioning Analysis.pdf
- 巴黎银行-外汇分析-FX Positioning Analysis-20170814-BNP Paribas.pdf
- 巴黎银行-外汇策略-外汇驱动力-20170912-BNP Paribas-FX Momentum.pdf
- 巴黎银行-外汇市场-外汇策略:外汇驱动力-20170829-FX Momentum-BNP Paribas.pdf
- 巴黎银行-外汇-外汇策略-巴黎银行指示-20170821-BNP Paribas STEER-20170821-BNPParibas.pdf
- 德意志银行-新兴市场-宏观经济-新兴市场宏观与策略重点-20170825-EM Macro and Strategy Focus-Deutsche Bank.pdf
- 德意志银行-新兴市场-能源行业(个股-Geopark)-2017年上半年:扎实的去杠杆化轨道-20170817-Geopark 1H17 Update,Solid Deleveraging Trajectory-20170817-DeutscheBank.pdf
- 德意志银行-新兴市场-信贷-八月新兴市场债务:技术监测-20170905-EM Debt,Technicals Monitor,August 2017-Deutsche Bank.pdf
- 德意志银行-欧洲-钢材行业-中国出口价格和欧洲板块持续走高-20170831-Steel PriceTracker Chinese export prices and European plate continue to move up-Deutsche Bank.pdf
- 德意志银行-印度-天然气和石油行业-飓风影响美国炼油产能下降15%-20170829-India Oil&Gas Hurricane Harvey shuts down over 15% of US refining capacity-Deutsche Bank.pdf
- 德意志银行-亚洲-信贷-亚洲信贷:定期估值速递-20170829-Asia Credit RAVE,Regular Asia Valuation Express-DeutscheBank.pdf
- 德意志银行-印度-银行业-印度银行新问题:出售Canara,持有Axis-20170825-Asia Credit Indian banks new issues,Sell Canara,Hold Axis-DeutscheBank.pdf
- 德意志银行-英国-非食品零售业-价值而不是价值陷阱-20170907-UK Non-Food Retail Value not value traps-Deutsche Bank.pdf
- 德意志银行-英国-服装零售业-英国服装零售业的“三伏天”-20170829-UK Clothing Retail The dog days of summer-Deutsche Bank.pdf
- 德意志银行-中国-保险业-中国保险业7月保费窄幅增长-20170818-China Insurance Sector July premium-Slightly moderated growth for both Life and P&C-20170818-DeutscheBank.pdf
文档评论(0)