Current account targeting or inflation becomes the objective. You will have a framework to ensure that the extra money that comes in doesn't lead to change in competitiveness.
The rapid growth in loans and prices of assets such as real estate and stocks is a concern. The central bank may raise interest rates. It's better to err on the side of caution.
The number is much stronger than expected. It bodes well for the economy, and the growth momentum is getting reflected in the capital market.
Growth momentum remains strong and that should lead to higher inflation and interest rates.
Industrial output was way ahead of expectations on the back of a strong recovery in manufacturing sector output.
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