Hungary's inflation hits 6-month high, pushing out rate cut bets
By Gergely SzakacsHungary's headline annual inflation (HUCPIY=ECI) hit a six-month high of 2% in October, exceeding market forecasts and likely pushing out any rate cuts by the central bank until next year.Hungary's inflation, driven by surging fuel costs and higher services prices, rose from 1.6…
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09:18:51 AM UTC
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Currencies firm slightly, Hungarian CPI data quashes rate cut hopes
By Gergely SzakacsHungary's headline annual inflation (HUCPIY=ECI) hit a six-month high of 2% in October, exceeding market forecasts and likely pushing out any rate cuts by the central bank until next year.Hungary's inflation, driven by surging fuel costs and higher services prices, rose from 1.6…