Hungarian Leaders Clash Over High Inflation and Economic Policies

Hungarian central bank governor and finance minister clash over high inflation and economic fallout.
Central bank governor criticizes government policies like price caps for fueling inflation.
Finance minister says central bank's policy missteps also contributed to inflation and currency weakness.
Government reviewing 2023 budget deficit target, may impose new tax on banks' record profits.
Central bank signals more cautious approach on interest rates, while inflation expected to slow to 7% by year-end.

reuters.com

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Posted 9/22/2023, 4:21:39 AM