Press release on the Monetary Council’s meeting of 14 April 2008

14 April 2008

At its meeting on 14 April 2008, the Monetary Council reviewed the latest economic and financial developments. In accordance with its meeting calendar, the Council did not take a decision on the central bank base rate.

The Monetary Council also discussed the April 2008 issue of the Report on Financial Stability and analysed domestic financial stability conditions. The assessment will be presented at a press conference at 10 a.m. on 15 April, simultaneously with publication of the Report on Financial Stability.

MAGYAR NEMZETI BANK

Monetary Council

Vissza a tetejére

The primary objective of the MNB shall be to achieve and maintain price stability. (...) Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the system of financial intermediation, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the government’s economic policy and its policy related to environmental sustainability, using instruments at its disposal.

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