Central Bank Watch
Rate Cut to 5.75% at the National Bank of Hungary
July 21, 2026
The National Bank of Hungary’s key interest rate today underwent its second 25-basis point reduction in a row. The decision, albeit not without some risk, was the expected one and accompanied by hint of yet another cut in August. The argument for monetary easing is that Hungarian consumer price inflation slowed further in June to […] More
New Overnight Developments Abroad - Daily Update
Hopes of Another Ceasefire as Data Shows Sentiment Boost During the Last One
July 21, 2026
Iran and the United States traded military strikes for a tenth straight day even as lagged economic data underscore the economic benefits of the last ceasefire. Meanwhile, market participants wonder how much longer central banks will wait while the war remains unresolved. The current price of West Texas Intermediate crude oil, $84.60 per barrel, represents […] More
