That is essentially how I would describe monetary policy. Wherever we're going in the next three meetings will be very data-dependent. The question, of course, that we ask ourselves is, have we killed growth? Looking at the market, we are quite confident that what we call the nascent recovery is still there. Maybe it's now hard[er] to think of [achieving] it.
Personally, I think it's hard to think of 7.5 percent, but I think the lower end of the targets, as mentioned in the DBCC, is quite doable, The other thing that we see is that the quality of employment is rising. What happened was the wage and salaried employment were the most affected by the pandemic.