My forecast is largely in line with those of my colleagues on the FOMC, whose most recent projections had a central tendency of growth of 2.2 to 2.3 percent for 2013, and accelerating to 2.8 to 3.2 percent in 2014.
1/2  BIS central bankers' speeches  The Bank expects financial institutions to maintain strong, effective and appropriate governance and risk management infrastructure so as not to compromise the safe conduct of their business. The financial institutions are subject to regular examinations to ensure their compliance with prudential and regulatory requirements.