BUDAPEST, March 8 (Reuters) - Hungary's central bank
doubled down on pursuing a "very disciplined and tight" monetary
policy on Wednesday after February data showed a marginal
decrease in headline inflation to an annual 25.4%.
Deputy Governor Barnabas Virag told parliament that the
National Bank of Hungary aimed to wrestle down inflation as fast
as possible to a "low range" near its 3% target, adding that
tight policy was also needed to preserve financial stability.
(Reporting by Gergely Szakacs)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.