The FOMC decided against reporting a range or histogram for participants' assumptions about appropriate policy, because it was concerned about the potential for unintended consequences of such a publication. Specifically, it worried about a tendency for the public to infer more of a commitment to following the implied path than would be appropriate for good  BIS Review 2/2008  3  policy.
Irish banks too became quite internationalised in the boom, not just through their foreign subsidiaries (or through their traditional branch-bank operations in Northern Ireland and Britain) but also through the financing of Irish developers’ international property portfolios. Outside of the UK substantially all of that has been divested. Should or could it be recreated?