The Forum has also been keeping track of Year 2000 readiness in member states. Information on the Y2K bug has been shared, and bank supervisors have been encouraged to participate in Y2K certification of financial institutions in each country. 7.
The shift in the stance of monetary policy that we undertook in 2019 was, I believe, well timed and has been providing support to the economy and helping to keep the U.S. outlook on track.