It is better to rebalance now from a position of strength; to build the competitiveness and prosperity worthy of our nation. BIS central bankers’ speeches  11
3 See Board of Governors of the Federal Reserve System (2019), “Statement Regarding Monetary Policy  Implementation and Balance Sheet Normalization,” press release, January 30. 4 Information about the review and the events associated with it are available on the Board’s website at  www.federalreserve.gov/monetarypolicy/review-of-monetary-policy-strategy-tools-and-communications.htm. 2/2  BIS central bankers' speeches