Domestic Interest Rates to Fall in Line with US and European Central Bank Trends [Video]

The Hungarian National Bank (MNB) may follow the US and European central banks in cutting interest rates after the summer break, bringing the domestic policy rate down to 6.25% by the end of the year, according to an Equilor analysis.

The US presidential election is one of the most important events that could affect investor sentiment and economic prospects in the coming period, not only in the short term but also in the long term, reports Index. According to the latest analysis by Equilor, it has been a long time since the overseas economy has been so close to the end of its growth cycle.

The US economy is still growing at a healthy level, but there are already signs of problems: COVID savings have dried up and the public is covering part of its consumption with credit. The US economy has cooled noticeably after the interest rate hikes of previous years, while …