OnthebasisofanassessmentofthecurrentandevolvingmacroeconomicsituationtheMonetaryPolicyCommitteeMPCatitsmeetingtodayApril82022decidedtokeepthepolicyreporateundertheliquidityadjustmentfacilityLAFunchangedat40percentThemarginalstandingfacilityMSFrateandtheBankRateremainunchangedat425percentThestandingdepositfacilitySDFratewhichwillnowbetheflooroftheLAFcorridorwillbeat475percentTheMPCalsodecidedtoremainaccommodativewhilefocusingonwithdrawalofaccommodationtoensurethatinflationremainswithinthetargetgoingforwardwhilesupportinggrowthThesedecisionsareinconsonancewiththeobjectiveofachievingthemediumtermtargetforconsumerpriceindexCPIinflationof4percentwithinabandof2percentwhilesupportinggrowth