It has also been said that Norman – somewhat of a character – enjoyed the secrecy and the mystery that the role of a central banker enabled him to have. He often adopted a false identity when travelling. Central bankers preferred to operate in secret back then. Like a sphinx, many central bankers like to be mysterious and inscrutable.
Likewise, I believe the Federal Reserve has made significant progress toward its goals but has more work to do. Thank you for the opportunity to appear before you today. I would be happy to respond to your questions. 2  BIS central bankers’ speeches