### Instruction: Extract causal economic narratives from the input text below! A causal economic narrative is a pair of events where one event causes the other event. All events you extract must be contained in the input text. State all narratives in one of the following forms: 'event A - "causes" - event B' or 'event A - "caused by" - event B'.
### Input: The language in the statement marked a significant change from December, when the central bank was saying that further gradual increases in rates would likely be necessary.