{
  "id": 9735267,
  "title": "Hungarian Forint: New inflation target demands hawkish MNB – Commerzbank",
  "url": "https://urgent.news/2026/09/25/hungarian-forint-new-inflation-target-demands-hawkish-mnb-commerzbank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T08:39:12.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/hungarian-forint-new-inflation-target-demands-hawkish-mnb-commerzbank-202609250839"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Hungarian National Bank (MNB) has paused its rate-cutting cycle, leaving the base rate unchanged at 5.50%, while lowering its medium-term inflation target to 2.5% for 2028. This shift, combined with the MNB raising its 2027 inflation forecast from 2.3% to 3.1%, suggests a more restrictive monetary policy stance. However, the bank still maintains the option to hold or cut rates, which has not encouraged investors to expect a rate hike in the near future. The weaker Hungarian forint is expected to remain so until the MNB clearly adopts a more hawkish approach.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Swedish Krona: Riksbank facing delayed inflation rebound – Commerzbank",
        "url": "https://urgent.news/2026/09/25/swedish-krona-riksbank-facing-delayed-inflation-rebound-commerzbank",
        "published": "2026-09-25T12:23:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}