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Hungarian central bank
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- 1Hungarian bond investors bet on euro adoption path●Analysis-Hungarian bond bulls bet on euro path as central bank cuts inflation target
Hungary's central bank has cut its inflation target, and bond investors are reading the move as a sign of continued monetary tightening toward euro-area norms. Analysts suggest the shift supports the case for holding Hungarian government debt, with the country's long-term goal of adopting the euro anchoring expectations for lower inflation and yields.