mpc: 25 For these members, the balance of risks to the inflation forecast remained sufficiently to the
downside in the near term to justify maintaining the Bank's repo rate at its current level. With
inflation expectations remaining well anchored, the Committee could afford to wait for more evidence
to become available, though some members continued to think that a rise in interest rates might be
warranted in due course if the economy evolved in line with the February
Inflation Report central
projection.
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