What makes this development complicated, as I said before, is the fact that the assessment requires the short-term, cyclical element to be disentangled from the longer-term trends or structural changes.
A summary of the discussion by Monetary Policy Committee members that preceded this decision will be published on 25 March 2019. The next meeting of the NBU Board on monetary policy issues will be held on 25 April 2019. Thank you for your time! 2/2  BIS central bankers' speeches