Given that inflation in these countries is driven by external factors, cutting interest rates to weaken the currency could be one of the options to export deflation, Morgan Stanley said. With forecasting 60 bp and 75 bp rate cuts in Hungary and Poland, respectively, and 30 bp and 65 bp, respectively, priced in by the market, Morgan Stanley prefers Hungarian bonds to Poland’s.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
