Forex News Hungary's central bank is slowly drifting to a neutral stance and tones down its hawkish rhetoric after a no change decision Monday, TD Bank says. Adds it's difficult to anticipate the bank's response to a potentially higher July inflation figure and the August inflation report but notes it's likely to keep rates unchanged this year. Recommends switching longer-dated bonds for 3-year benchmarks and expects the yield curve to normalize on the back of disinflation in 2H and a strong HUF.
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