Bearing in mind that we should be focusing not on the upper end of 6 per cent but more around the mid-point of the target range, even if the latest forecast turns out to be more optimistic with respect to the longer-term outlook, it is unlikely to move right down to the mid-point.
Looking beyond our next policy meeting, our ongoing strategy review gives us an opportunity to reflect on the best combination of tools to deliver financing conditions at the appropriate level, how those tools should be implemented, and what features our toolkit needs to have to deliver on such a strategy. Conclusion Let me conclude.