This US rebound reflects the limited impacts of containment measures and ongoing fiscal support. And more fiscal support is on the way. Global and domestic financial conditions and market sentiment remain positive as optimism continues to grow. Long-term bond yields have risen as the outlook for the US economy has improved. For similar reasons, oil and other commodity prices have continued to rise.
What you will also hear from them is that our projections of inflation movements indicate that in the coming period we will continue to fulfil our primary legal mandate of keeping inflation within the target, while well-calibrated measures of economic policy set the groundwork for sustainable acceleration of GDP growth, which we estimate at around 3.5% in 2018 and 2019, and at around 4% in the medium term.