# Central Bank Policy Divergences The Magyar Nemzeti Bank (5.75%) is pursuing an aggressive easing cycle with a 25bp rate cut citing favorable inflation, while the Reserve Bank of India (5.25%) maintains a hawkish hold with vigilant inflation monitoring, creating a 50bp policy divergence despite similar economic growth objectives. Meanwhile, Norges Bank (4.25%) and the Bank of Korea (2.75%) remain accommodative due to below-target inflation, contrasting sharply with the MNB's dovish pivot and suggesting Eastern European central banks are moving faster toward normalization than their Asian counterparts.