EMERGING MARKETS: Hungary should ensure central bank independence: IMF

29 Jan 2013

Further monetary easing "should be considered very cautiously" by Hungary, which should keep the central bank independent

In the concluding statement of an IMF mission to Budapest under the Article IV consultation, the IMF said that inflation was “still not well anchored” as its decline to 3.5% projected for this year would partly be due to cuts in utility tariffs.

“While the desire to help ...

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