Press release on the Monetary Council’s meeting of 14 November 2005

14 November 2005

1. At its meeting on 14 November 2005, the Monetary Council considered the latest monetary and economic developments. In accordance with its meeting schedule, the Council did not take a decision on the central bank base rate.

2. Also at Monday’s meeting, the Council discussed the first draft of the November issue of the Bank’s Quarterly Report on Inflation.

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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