Start of monetary policy tightening cycle in Hungary

MACROmap today:

• PMIs for the Eurozone in the spotlight
• Hawkish tone of the FOMC’s meeting resulted in higher IRS rates
• Data on industrial production and retail sales in Poland neutral for the market
• PCE inflation in the US to reach the highest level since 2008
• Start of monetary policy tightening cycle in Hungary
• COVID Dashboard: The number of infections in the UK has grown