Twenty years in financial markets

Twenty years in financial markets

Time is a curious thing. We say time passes, yet rather than simply pass, time tends to dissolve. Once gone, it dissolves leaving an imprint behind. At times, it’s a clear impression of a moment, as if that snippet of time was a clay mould, and the memory of it...

Macroeconomic Insights: Hungary CPI – Food Prices on the Rise

At the end of May 2025, the Orban government decided to extend the profit margin cap on 30 essential food items through August 2025, in line with previous guidance stating the cap would continue if food inflation did not drop below 5%. Local reports initially...

Macroeconomic Insights: Israel CPI – The Cost of War

Over the past 24 hours, Israel’s strike on Iran has markedly increased upside risks to inflation in the country. Just as tariffs introduce additional costs to consumers, businesses tend to pass on the cost of war to consumers. The risk of cargo ships getting entangled...