Inflation becomes crucial at once
Central bank sees slower recovery, stimulus near its limits
HUF 2,400 bn of bids accepted
Deputy Governor reveals details
Monetary Council statement suggests flirtation with reality
Only a few specifics are available
Eyes on Council statement now
Uneventful policy meeting expected, eyes should be on MPC statement, though
Or the upcoming policy meeting will be a non-event
It's not a surprise, but it will lead to forecast revisions
A shortened week in Hungary
Second biggest chunk after the central bank
Measures of underlying inflation also rise sharply
Second auction of re-launched QE programme matches previous week’s volume
Key June figures await release
Annual growth rate down to 8.3%
MNB holds bond auction after two-month break
Does not believe in QE
To boost FX liquidity
After central bank's 2nd consecutive rate cut