Hungary central bank says government 'attacks' could limit scope for easing rates


  • World
  • Thursday, 07 Mar 2024

Hungarian Prime Minister Viktor Orban speaks during an economic forum in Budapest, Hungary, March 4, 2024. REUTERS/Bernadett Szabo/File Photo

BUDAPEST (Reuters) - Hungary's Central Bank said on Thursday repeated "attacks" by Prime Minister Viktor Orban's government on its monetary policy could backfire and limit the scope for easing.

Orban and his former ally, central bank Governor Gyorgy Matolcsy, have been involved in an increasingly bitter policy spat since a 2022 election, with the sides trading blame over a surge in inflation to the highest levels in the European Union.

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