US EditionMárton Nagy Sent a Message About the Hungarian Interest Rate, the Forint Took the Lead
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The current low inflation is partially suppressed, price restrictions and interest rate freezes distort economic processes and expectations, according to György Surányi. The former MNB chairman was a guest at the Portfolio Budapest Economic Forum. Reacting to Márton Nagy's statements on Tuesday morning, Surányi said that the Minister of National Economy is damaging the credibility of the MNB by doing so, because the markets are pricing in not on…
The forint is weakening, partly due to the unfavorable August industrial data and partly due to ministerial statements made at the Portfolio Budapest Economic Forum 2025. At the conference, Minister of National Economy Márton Nagy said that the Hungarian base rate is currently higher than what the justified economic environment would require. He also said that Hungary's long-term growth advantage can only be maintained as long as the German and …
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