The two subsequent meetings of the MPC maintained the tight stance of monetary policy taking into consideration domestic developments and the potential downside effects on the US economy of the sub-prime crisis. The outlook is that, barring any potential shocks stemming from high oil and commodity prices, inflation will continue on its downward trend.
An important prerequisite in the fight against inflation is for the central bank to disseminate information effectively on monetary policy issues. As provided in the Bank of Mauritius Act 2004, the Bank publishes a Monetary Policy Statement after each MPC meeting to explain  2  BIS Review 3/2008  the main assessments and findings of the MPC.