We expect it to come close to the target midpoint over the medium term, which will be facilitated by growth in aggregate demand. To put it briefly, inflation will remain low and stable within the bounds of the target tolerance band until the end of the projection horizon, i.e. over the next two years.
These are also the expectations of the financial and corporate sectors. Anchored inflation expectations are indicative of monetary policy credibility, which contributes to greater resilience to potential negative effects of developments in the international environment.