摘要:Pursuant to the MNB Act, the primary objective of the MNB
is to achieve and maintain price stability. To this end,
monetary policy is determined within the framework of
inflation targeting, taking into account the ±15%
intervention band of the forint exchange rate against the
euro. The Government and the MNB’s Monetary Council set
a 3% medium-term inflation target valid all through the
period starting in 2007. This modifies earlier practice insofar
as the Bank’s inflation target is interpreted not only as endof-
the-year inflation, but also as a target valid throughout the
year.