What is the story about?
The
MPC flagged that upside risks to the inflation outlook have increased, indicating heightened caution amid evolving global and domestic conditions. At the same time, it noted that high-frequency indicators up to February point to continued strong momentum in economic activity, suggesting resilience in growth.
The central bank also acknowledged measures taken by the government to support exports and safeguard supply chains, which could help cushion the economy against external shocks.
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