Not ruling out further tightening if neededUnderstand that current situation is difficult for householdsBut that is why it is important for us to get on top of inflationReports of a peace deal in the Middle East is good newsFlow of data has been consistent with our expectationsMore comments from the Q&A session:We already had an inflation problem before the Middle East conflictIf oil prices settle down and supply chains settle, that will help with inflation so that it doesn't get super-chargedBut we still need to ensure that the inflation problem before the war is addressedMore to come.. This article was written by Justin Low at investinglive.com.