Central Bank Official Says Policy Response to Energy Costs Will Be Timely and Measured

A central bank official said officials will act in a timely and measured manner to keep energy price increases from becoming persistent inflation. The statement focused on the distinction between temporary energy shocks and longer-term price pressures that could require sustained policy changes.

The official described the planned response as calibrated to current conditions rather than pre-set in size or timing. The remarks did not specify particular measures or a schedule for any actions. No additional details on implementation were provided in the statement.