Susan Schmidt Bies: Strengthening the financial system of the 21st century through sound accounting and disclosure Remarks by Ms Susan Schmidt Bies, Member of the Board of Governors of the US Federal Reserve System, at the Symposium on Building the Financial System of the 21st Century: an agenda for Europe and the United States, Rüschlikon, Switzerland, 28 February 2002.
Positive developments are not only reflected in economic activity indicators, but also in soft data such as the manufacturing PMI and the economic sentiment indicator which have reached and at times surpassed previous peaks pointing to continuing economic expansion.