Varga Mihály, the governor of the MNB, presented the latest macroeconomic forecasts following the interest rate decision. The new forecast indicates an inflation rate of 4.5-5.1% for this year, higher than the previous estimate. He noted that inflation peaked in February at 5.6% and is expected to decrease but remain above the central bank's tolerance level of 4%. The MNB has lowered its GDP growth forecast to 1.9-2.9%. The monetary policy remains unchanged, with the base interest rate held at 6.5%. Varga emphasized the importance of maintaining financial market stability and positive real interest rates. He also mentioned that there is currently no need for supported loan programs as liquidity in the banking system is good. Teljes cikk (hvg.hu)