For release on delivery 12:00 noon EDT May 11, 2021  Patience and Progress as the Economy Reopens and Recovers  Remarks by Lael Brainard Member Board of Governors of the Federal Reserve System at “The Road to Recovery and What’s Next,” a virtual conference sponsored by the Society for Advancing Business Editing and Writing (via webcast)  May 11, 2021  I want to thank Heather Long and the Society for Advancing Business Editing and Writing for inviting me to join you today.
Such developments and the regulatory reforms around Basel III have made the financial system more stable. BIS central bankers’ speeches  3  Nevertheless, further reform efforts are needed, and the momentum for reform cannot be lost.