Now the dictum is: “hold back information only if it is absolutely necessary to hold it back.” It is a struggle that we fight every day.
For example, the Financial Stability Reports – •  True picture of the financial sector  •  But that could trigger a disruptive reaction and even panic  •  A situation that could be managed and contained can implode  That is a challenge that we in the Reserve Bank contend with, not about what to disclose but about how much to disclose and in what form to say it.