We do know that some adjustment will be required, but the nature of the adjustment needs to be sensitive to the context that we find ourselves in. And the context will determine how pre-emptive or reactive we will be. This does not mean that we blindly follow US monetary policy.
The commercial banks have been an integral partner of this process as the banks are well positioned to offer financial services to a broader range of customers due to their extensive branch network, strong resource backing and experience.