Ready to ease monetary conditions further via unconventional, targeted tools.
Base rate, interest rate corridor left unchanged.
Key policy rate may be left on hold for another 18 months or so.
Bank of America Merrill Lynch trip notes say so.
Citi: growth to rebound close to 4% in 2017.
Total liquidity up at HUF 400 bn.
If necessary, will use unconventional, targeted instruments to ease monetary conditions further.
Morgan Stanley and Societe Generale on Hungary's monetary policy.
The original offer was HUF 125 bn vs. HUF 100 bn maturing amount.
Tuesday is the big, but boring day. Excitements come only later.
Bank of America Merrill Lynch raise CPI estimates for CE3.
Cap on 3-m deposit facility gets lowered further.
And the result is...
3m depo offering in line with expectations.
Nomura: 3-month depo cap for Q117 is key, base rate is immaterial.
Expects 2017 GDP growth at 3.5-4.0%