It is for this reason that the RBA was, for a long time, somewhat ambivalent about the practice adopted by some other central banks of making a statement of reasons for the policy decision even when the decision is to leave rates unchanged.
While a decision to change rates has for many years been accompanied by a pretty detailed explanation in our  BIS Review 147/2007  3  case, a decision not to change rates often meant that we had little new information to impart. We adhered to the old adage “when you have nothing to say, keep your mouth shut”. These reservations were valid.