For instance, the recent crisis with a number of associated listed companies hurt numerous stock investors, shook the stock market, and inflicted heavy losses on relevant financial institutions. The stability of the entire financial system is also threatened. It goes without saying that financial innovation has become an effective means to seek greater prospect, return and competitiveness by financial institutions.
In this context, the Board has reviewed a range of possible scenarios. In some of these, the conditions for an increase in the cash rate could be met during 2024, while in others these conditions are not met. The Board will review these scenarios again at its next meeting.