For example, the Monetary Policy Statement released yesterday features an alternative scenario and discussion of the (distinct) possibility  4  Blinder et al. (2008) discuss these aspects of monetary policy communications in detail. 5  Svensson (2006) and Woodford (2005) offer useful discussions of this principle. 6  Bergstrom and Karagedikli (2013).
Finally, the speed at which we are able to reform will determine the stable and sustainable pace at which we tackle our capital controls. 11 | P a g e