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Published 26 Jun, 2019 06:46am

Hungary central bank ‘clearly taking’ ECB and Fed guidance into account

BUDAPEST: Hungary’s central bank is “clearly taking” the communication of the European Central Bank and the US Federal Reserve into account, Deputy Governor Marton Nagy said on Tuesday.

Nagy said monetary policies by major central banks were changing rapidly, adding however that the National Bank of Hungary took a more cautious approach.

Source: Reuters

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