mh0rvath's profile picture. Head of Monetary Policy and Market Operations at the National Bank of Slovakia ¦ Private account ¦ RT ≠ endorsement ¦ All views my own

Michal Horvath

@mh0rvath

Head of Monetary Policy and Market Operations at the National Bank of Slovakia ¦ Private account ¦ RT ≠ endorsement ¦ All views my own

📢 WE ARE HIRING PHD ECONOMISTS We are looking to fill up to 5 positions in our Macroeconomic Research, Structural Analysis, Climate Sustainability and Economic Education sections. 🗓️ Deadline: 30 Nov2025 econjobmarket.org/positions/11861 #econtwitter

mh0rvath's tweet image. 📢 WE ARE HIRING PHD ECONOMISTS

We are looking to fill up to 5 positions in our Macroeconomic Research, Structural Analysis, Climate Sustainability and Economic Education sections.

🗓️ Deadline: 30 Nov2025

econjobmarket.org/positions/11861

#econtwitter

A replacement bus service announcement by the BBC.

BBC Sounds has closed outside the UK. You can now listen to your favourite BBC World Service programmes right alongside the best of the BBC's written journalism - giving you more context and analysis, all in one place. To find out more visit 👉 bbcworldservice.com/faq

bbcworldservice's tweet image. BBC Sounds has closed outside the UK. 

You can now listen to your favourite BBC World Service programmes right alongside the best of the BBC's written journalism - giving you more context and analysis, all in one place.

To find out more visit 👉 bbcworldservice.com/faq


I am struggling to come to terms with the fact that the BBC Sounds app has been shut down for listeners outside the UK. Makes about as much sense to me as Trump's tariffs.


Michal Horvath reposted

We cut our key interest rates by 0.25 percentage points. Inflation is currently around our 2% target. Read today’s monetary policy decisions ecb.europa.eu/press/pr/date/…

ecb's tweet image. We cut our key interest rates by 0.25 percentage points.

Inflation is currently around our 2% target.

Read today’s monetary policy decisions ecb.europa.eu/press/pr/date/…

Michal Horvath reposted

“Fifty years from now, you will want to be able to look in the mirror and know that you did what you thought was right, in every part of your life. At the end of the day, your integrity is all you have.” Jay Powell federalreserve.gov/newsevents/spe…


"Assuming that offsetting exchange rate and general equilibrium effects are small enough to be ignored." What could possibly go wrong...

This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers. To prove it, he screenshots the formula the USTR…

JamesSurowiecki's tweet image. This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers.

To prove it, he screenshots the formula the USTR…


Michal Horvath reposted

This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers. To prove it, he screenshots the formula the USTR…

JamesSurowiecki's tweet image. This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers.

To prove it, he screenshots the formula the USTR…

Michal Horvath reposted

In the discussion of tariffs, one of the hardest things to convey to the general public is the argument that tariffs on our imports always end up harming our exporters, that is the workers and businesses in the US who are most successful at producing what the world likes


Michal Horvath reposted

Repeat after me: The VAT is not a tariff. The VAT is not a tariff. It levels the playing field by making sure that domestic and foreign firms face the same tax when selling on the domestic market.


Michal Horvath reposted

Ahead of Trump’s “tariff day” April 2, let me reiterate a basic fact. Value added tax systems do not distort trade. European consumers pay VAT US consumers pay sales taxes End of story A 🧵to make this painfully obvious if the above is not clear 1/


📢 Researchers, may I have your attention please? ☝️ The Foundation of Národná banka Slovenska has just issued its annual call for project proposals as a part of its mission to support research in economics and finance: nadacianbs.sk/grant-call-no-… #econtwitter

mh0rvath's tweet image. 📢 Researchers, may I have your attention please? ☝️

The Foundation of Národná banka Slovenska has just issued its annual call for project proposals as a part of its mission to support research in economics and finance:

nadacianbs.sk/grant-call-no-…

#econtwitter

It is probably good time now to listen again to this episode of In Our Time on Mercantilism. bbc.co.uk/sounds/play/m0…


Michal Horvath reposted

Roses are red Violets are blue Inflation is on track To settle around 2


Marketingovy mag, ktory toto vymyslel, to asi tak nemyslel, ale bola by to velmi dobra otazka na skusku v predmete Verejne financie typu "Discuss."

mh0rvath's tweet image. Marketingovy mag, ktory toto vymyslel, to asi tak nemyslel, ale bola by to velmi dobra otazka na skusku v predmete Verejne financie typu "Discuss."

Michal Horvath reposted

"Inflation and the Macroeconomy." I wrote up my comments as a Grumpy Economist essay. Also link to the video of a great panel discussion with Jason Furman, Christina Romer and Ben Bernanke. Links in the first reply below.


Michal Horvath reposted

Inflácia je najvyššia od marca tohto roka a dôvodom sú potraviny. Pomalší rast platov a opatrnejšie nakupujúce domácnosti pomáhajú postupne tlmiť rast inflácie. nbs.sk/komentare/potr…

NBS_sk's tweet image. Inflácia je najvyššia od marca tohto roka a dôvodom sú potraviny.  Pomalší rast platov a opatrnejšie nakupujúce domácnosti  pomáhajú postupne tlmiť rast inflácie. nbs.sk/komentare/potr…

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