Hungary: Balanced central bank in wait-and-see modehttp://www.fxstreet.com/fundamental/interest-rates/hungary-balanced-central-bank-in-waitandsee-mode/Fundamental Analysishttp://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7Hungary: Balanced central bank in wait-and-see modehttp://www.fxstreet.com/fundamental/interest-rates/hungary-balanced-central-bank-in-waitandsee-mode/2008-08-26.htmlAs both we and the consensus expected the Hungarian central bank (MNB) today left its key policy rate unchanged at 8.50%, the third successive meeting at which they have remained so after a total of 100bp in hikes since March 2008. As the following statement shows MNB was fairly balanced in its comments. In particular it said: "The monetary council sees subdued growth and slow disinflation in 2010, in line with the forecasts presented in the new inflation report. According to the base caseTue, 26 Aug 2008 09:22:25 GMThttp://www.fxstreet.com/fundamental/interest-rates/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/interest-rates/hungary-balanced-central-bank-in-waitandsee-mode/2008-08-26.html