"The council is constantly assessing incoming data and developments in the outlook for inflation and is ready to take appropriate actions if risks increase," they added.
The policymakers said the continued use of instruments reducing interbank forint liquidity "strengthens the effectiveness of monetary policy transmission in a targeted manner."
They added that maintaining market stability is also "key to achieving price stability."
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.
