- There are potential upside and downside risks to prices
- Will continue to carefully monitor data in deciding policy
- There is a growing view that pessimistic data would come out in the latter half of 2025
- There are more pessimistic data on sentiment globally
- More important than ever to analyse the variety of data amid high uncertainties
This is all just reaffirming that they are not quite in a rush to push forward with the next rate hike. At this point, the can seems to be kicked down the road to January 2026.
