And places the whole of it in reserves.
Via unconventional, targeted instruments, if inflation remains persistently below target.
Let's see what the market thinks and what the MPC has to say.
Interest rate corridor remains unchanged too.
MNB seen hiking rates at an ever later date.
Rate meetings, Q1 GDP in focus this week
Shrugs it off to be more precise.
Quarterly report lands.
Base rate, interest rate corridor left on hold, but...
Bigger-than-expected reduction.
Yet we should keep our eyes peeled for official statement.
Base rate is not the important part here.
In 2019.
Possible new Monetary Council member's name leaked.
Market overreacted, it's not a big deal, Márton Nagy says.
Liquidity by MNB up at HUF 450 bn.
Forint reacts too.
State coffers will receive less from the MNB, though.
HUF 75 bn crowded out of 3-month deposit facility.
Ready to ease monetary conditions further via unconventional, targeted tools.