There has always been symmetry in the implementation of our monetary policy – we have always acted decisively whenever inflation has shown signs of deviating from our medium-term aim. And it doesn’t matter whether it is too high or too low – we act with the same decisiveness.
Does that also mean that after years of inflation being below the objective, rates will need to be above the level of below, but close to, 2% for a longer period? That will be part of our discussion of the strategy. There are also discussions about the relationship between monetary and fiscal policy.