In conclusion, I can do no better but to quote from Adam Posen of the Institute of International Economics, who succinctly summarized the need for central bank communication: “Think of the relationship between a central bank and the attentive public as analogous to the relationship between a married couple.
Good communication is key if the relationship is to cope well with the bumps and bruises of everyday life. While familiarity removes the need for too much explicitness in communication, changing surroundings and personal needs over time make it dangerous to take too much previous understanding for granted.