The central bank may maintain a flexible policy approach as inflation stays close to the 2% target, allowing room to respond to unexpected economic changes.
The economy is currently operating with excess supply, while inflation remains slightly above target, requiring cautious monetary policy adjustments.
Interest rate cuts remain possible, but only if economic growth weakens significantly or inflation falls consistently below the target level.
The most likely outlook suggests inflation hovering near 2% through 2026, leading policymakers to keep interest rates unchanged for most of the year.
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