At the same time, the Bank made it clear that these two conditions are not sufficient conditions in the sense that the Bank will not necessarily make an automatic decision to terminate the policy as soon as they are fulfilled.
To put it in a nutshell, the Bank will decide whether to terminate the policy by examining developments in economic activity and prices and judging whether the situation justifies asserting that the year-on-year rate of change in the CPI is registering zero percent or higher on a sustainable basis--in other words, whether the commitment has effectively been fulfilled as a whole.