Core inflation shows tentative signs of pick-up, still needs conclusive evidence of upward trend

A suggestion was made that consideration be given to adjustment in language

It was generally judged paramount to avoid signals that might prove premature, be prone to over-interpreation

A remark was made that expansion was increasingly self-sustaining

It needs to gain more space and flexibility to adjust policy and accommodation in either direction if needed

Still favourable financing conditions could not be taken for granted, relied to great extent on policy