So we should not be too hasty, but we must move forward step by measured  BIS Review 142/2009  1  step. Central Bankers are cautious by nature and can be relied upon not to rush things. In these fraught times, we may be forgiven for being somewhat over-cautious. I believe this is a propitious moment of real opportunity for COMESA.
Having, and communicating to the public, a well-defined framework, as opposed to what Ben Bernanke called the Marcel Marceau communication strategy – that is: watch what I do, not what I say – is particularly helpful whenever one sails into uncharted waters, i.e., when the public does not have enough examples of the central bank’s past behaviour and hence the information vacuum looms unusually large.