It has been organizing Seminars in association with banks on this theme and this is the fifth in the series. What is commendable is the enthusiasm and zeal with which this institution has been discharging its role and responsibilities in times where technology is changing quickly, constantly evolving and transforming the way business ought to be done.
It is in this context that the Federal Reserve has been winding down its QE purchases and has signalled its plan to return gradually to a more normal monetary policy stance, starting sometime next year. The precise timing and pace of that exit will depend on how the economy is performing. Like most decisions, this involves a balancing of risks.