The following trade-off should be borne in mind here. The more comprehensively any future steps are outlined, the more accurately market expectations can be steered. As a result, uncertainty decreases as market participants’ room for interpretation regarding future interest rates diminishes.
7/9  BIS central bankers' speeches  However, this also increases the risk of the Eurosystem having to deviate from the communicated path at a later date due to new information and a revised assessment regarding future inflation developments. Here we have it again. In the words of Harry Truman: “On the one hand ... on the other hand."