"If the decline toward 2% (in inflation) is slower than we think, it would mean let's say rather those small, 25-basis point decreases," she said in a debate broadcast live.

"If inflation falls faster, it possible to sometimes make a more significant rate lowering."

The bank started its rate-easing cycle with a 25 basis-point reduction in the main repo rate to 6.75% on Dec. 21.

(Reporting by Jan Lopatka)