{"id":168159,"date":"2026-06-23T13:06:25","date_gmt":"2026-06-23T13:06:25","guid":{"rendered":"https:\/\/friss-hirek.hu\/index.php\/ovatos-volt-a-jegybank-igy-alakult-a-kamatcsokkentes\/friss-hirek\/"},"modified":"2026-06-23T13:06:25","modified_gmt":"2026-06-23T13:06:25","slug":"ovatos-volt-a-jegybank-igy-alakult-a-kamatcsokkentes","status":"publish","type":"post","link":"https:\/\/friss-hirek.hu\/index.php\/ovatos-volt-a-jegybank-igy-alakult-a-kamatcsokkentes\/uzlet\/","title":{"rendered":"\u00d3vatos volt a jegybank, \u00edgy alakult a kamatcs\u00f6kkent\u00e9s"},"content":{"rendered":"<p><strong>25 b\u00e1zisponttal, 6 sz\u00e1zal\u00e9kra m\u00e9rs\u00e9kelte az ir\u00e1nyad\u00f3 r\u00e1t\u00e1t a Monet\u00e1ris Tan\u00e1cs. <\/strong><\/p><div id=\"friss-3617638960\" class=\"friss-etarget friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div>\n<p><strong>Mi t\u00f6rt\u00e9nt?<\/strong> A v\u00e1rakoz\u00e1sokkal \u00f6sszhangban cs\u00f6kkentette az alapkamatot a Magyar Nemzeti Bank Monet\u00e1ris Tan\u00e1csa. A test\u00fclet 25 b\u00e1zisponttal 6 sz\u00e1zal\u00e9kra m\u00e9rs\u00e9kelte az ir\u00e1nyad\u00f3 r\u00e1t\u00e1t. A K&amp;H gyorselemz\u00e9se szerint a l\u00e9p\u00e9s az\u00e9rt nem okozott meglepet\u00e9st, mert a piaci \u00e1raz\u00e1sok alapj\u00e1n ink\u00e1bb az volt a k\u00e9rd\u00e9s, hogy a jegybank mekkora kamatcs\u00f6kkent\u00e9s mellett d\u00f6nt.<\/p>\n<div class=\"related-post-links\">\n<p>\t\t<span class=\"related-post-links__title minititle\">T\u00f6bb ebb\u0151l<\/span><\/p>\n<div class=\"related-post-links__link-wrapper\">\n\t\t\t\t<a href=\"https:\/\/forbes.hu\/penz\/forint-arfolyam-mnb-kamatdontes-deviza-alapkamat\/\" class=\"related-post-links__link\">Sz\u00e9nn\u00e9 gy\u00farta mag\u00e1t a forint, j\u00f6het a v\u00e9r\u00e1ldozatokat k\u00f6vetel\u0151 izoml\u00e1z<\/a>\n\t\t\t<\/div>\n<\/div>\n<p>N\u00e9meth D\u00e1vid, a K&amp;H vezet\u0151 elemz\u0151je szerint t\u00f6bb t\u00e9nyez\u0151 is t\u00e1mogatta a mostani kamatv\u00e1g\u00e1st. \u201eA kedvez\u0151 m\u00e1jusi infl\u00e1ci\u00f3s adat, valamint a visszafogott \u00e9lelmiszer-infl\u00e1ci\u00f3 mellett az er\u0151s forint, a magyar \u00e1llampap\u00edrhozamok \u00e9s az orsz\u00e1gkock\u00e1zati fel\u00e1r cs\u00f6kken\u00e9se egyar\u00e1nt n\u00f6velte a jegybank mozg\u00e1ster\u00e9t. A nemzetk\u00f6zi k\u00f6rnyezet is t\u00e1mogatta a kamatv\u00e1g\u00e1st, els\u0151sorban az, hogy b\u00e1r m\u00e9g korai megmondani, pontosan hogyan z\u00e1rul az ir\u00e1ni konfliktus, mindenesetre az elm\u00falt napokban l\u00e1that\u00f3ak voltak olyan jelek, amelyek alapj\u00e1n rendez\u0151dhet a kr\u00edzis\u201d \u2013 mondta N\u00e9meth D\u00e1vid. Szerinte az MNB ezzel a d\u00f6nt\u00e9ssel l\u00e9nyeg\u00e9ben lek\u00f6vette a piaci folyamatokat. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>A mostani l\u00e9p\u00e9s ut\u00e1n pedig j\u00f3 es\u00e9llyel \u00fajabb kamatv\u00e1g\u00e1sok j\u00f6hetnek a k\u00f6vetkez\u0151 k\u00e9t \u00e9vben, de a folytat\u00e1s tov\u00e1bbra is er\u0151sen adatf\u00fcgg\u0151 lesz.<\/p>\n<\/blockquote>\n<p><strong>Kontextus: <\/strong>A K&amp;H v\u00e1rakoz\u00e1sa szerint az infl\u00e1ci\u00f3 a k\u00f6vetkez\u0151 id\u0151szakban enyh\u00e9n gyorsulhat, r\u00f6vid t\u00e1von pedig k\u00fcl\u00f6n kock\u00e1zatot jelenthet a bizonyos \u00e9lelmiszerekre jelenleg m\u00e9g \u00e9rv\u00e9nyben l\u00e9v\u0151 \u00e1rr\u00e9sstop esetleges kivezet\u00e9se. Emellett k\u00e9rd\u00e9ses, hogy a nemzetk\u00f6zi energia\u00e1rakban megjelen\u0151 fesz\u00fclts\u00e9gek milyen m\u00e9rt\u00e9kben gy\u0171r\u0171znek be a magyar infl\u00e1ci\u00f3ba. Tov\u00e1bbi fontos t\u00e9nyez\u0151, hogy a jegybank j\u00f6v\u0151beni mozg\u00e1ster\u00e9t nemcsak a hazai infl\u00e1ci\u00f3s p\u00e1lya \u00e9s a forint \u00e1rfolyama hat\u00e1rozza meg, hanem a nemzetk\u00f6zi kamatk\u00f6rnyezet is. M\u00e1rpedig az Eur\u00f3pai K\u00f6zponti Bank, valamint a cseh jegybank k\u00f6zelm\u00faltban v\u00e9grehajtott kamatemel\u00e9se, tov\u00e1bb\u00e1 az amerikai jegybank szerep\u00e9t bet\u00f6lt\u0151 Federal Reserve \u00f3vatosabb, illetve szigor\u00fabb kommunik\u00e1ci\u00f3ja is nagyban befoly\u00e1solhatja, hogy az MNB milyen \u00fctemben tudja folytatni a laz\u00edt\u00e1st.<\/p>\n<p>A jelenlegi kil\u00e1t\u00e1sok alapj\u00e1n a K&amp;H arra sz\u00e1m\u00edt, hogy az \u00e9v v\u00e9g\u00e9re 5,5 sz\u00e1zal\u00e9kra cs\u00f6kkenhet a magyar alapkamat.<\/p>\n<p>A kamatv\u00e1g\u00e1sr\u00f3l hamarosan sajt\u00f3t\u00e1j\u00e9koztat\u00f3t tart a Monet\u00e1ris Tan\u00e1cs. <\/p>\n<p><!-- No email blocks found --><\/p>\n<p>The post <a href=\"https:\/\/forbes.hu\/penz\/ovatos-volt-a-jegybank-igy-alakult-a-kamatcsokkentes\/\">\u00d3vatos volt a jegybank, \u00edgy alakult a kamatcs\u00f6kkent\u00e9s<\/a> appeared first on <a href=\"https:\/\/forbes.hu\/\">Forbes.hu<\/a>.<\/p><div id=\"friss-1121212646\" class=\"friss-etarget-cikk-vege friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return 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id=\"friss-359216168\" class=\"friss-after-content_3 friss-entity-placement\">https:\/\/www.youtube.com\/watch?v=Pdnw4KiUWp0<\/div>","protected":false},"excerpt":{"rendered":"<p>25 b\u00e1zisponttal, 6 sz\u00e1zal\u00e9kra m\u00e9rs\u00e9kelte az ir\u00e1nyad\u00f3 r\u00e1t\u00e1t a Monet\u00e1ris Tan\u00e1cs. Mi t\u00f6rt\u00e9nt? A v\u00e1rakoz\u00e1sokkal \u00f6sszhangban cs\u00f6kkentette az alapkamatot a Magyar Nemzeti Bank Monet\u00e1ris Tan\u00e1csa. A test\u00fclet 25 b\u00e1zisponttal 6 sz\u00e1zal\u00e9kra m\u00e9rs\u00e9kelte az ir\u00e1nyad\u00f3 r\u00e1t\u00e1t. A K&amp;H gyorselemz\u00e9se szerint a l\u00e9p\u00e9s az\u00e9rt nem okozott meglepet\u00e9st, mert a piaci \u00e1raz\u00e1sok alapj\u00e1n ink\u00e1bb az volt a k\u00e9rd\u00e9s, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-168159","post","type-post","status-publish","format-standard","hentry","category-uzlet"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/168159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/comments?post=168159"}],"version-history":[{"count":0,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/168159\/revisions"}],"wp:attachment":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/media?parent=168159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/categories?post=168159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/tags?post=168159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}