- The vote was unanimous
- The monetary policy stance remains in the trajectory required for inflation to coverage to 3% target
- Balance of risks for inflation remains to the upside
- Removes previous guidance about needs to hold key rate ‘for some time’
- At the next meetings it will assess the possibility of adjusting rate
It looks like they’re edging towards cutting but they’re not in a hurry.
This article was written by Adam Button at www.forexlive.com. Source