Mr. Gabriel Makhlouf:

We are adopting a meeting-by-meeting approach. Based on what I know so far today, with the meeting only a week away, I know enough to say we need to take more steps, not least with core inflation having gone up slightly, which was the point I made. I mentioned March because again, that is my expectation. On the other hand, I also said we are going to have to wait and see exactly what the data tell us in March. At the moment and from what we know so far, that is what I expect to happen.