With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target range — to spur economic growth
Economists are also watching out for whether the central bank will adjust the target for inflation, which for now remains within a 3-6% target band
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
With inflationary pressures heightened, the Reserve Bank might take a cautionary approach regarding its interest rate decision on Thursday