Moreover, these improvements are not limited to interest rates: bank lending volumes have also been gradually recovering since early 2014. Market-based funding conditions, too, have improved significantly in response to the corporate sector purchase programme launched in June 2016. Looking forward, we are confident that the ongoing economic expansion will continue to firm and broaden.
A commitment to mission, to providing opportunities in all communities, to embracing change, to taking bold action—these guidelines that have been important for me may also be important for you as you embark on your professional journey. They will be important whether you work in the public, private, or nonprofit sector, and whether you work within borders or across them.