The goal of maximum employment also is critical: A balance between aggregate demand and potential supply is needed to maintain price stability; in addition, significant fluctuations in output impose costs on our economy, add to uncertainty, and impede planning and growth. Our monetary policy actions in the crisis have been aimed at fostering both broad objectives.
I believe  Page | 2  this is one of the reasons why we have gathered here to get a sense of the policy direction needed to sustain the stable macro environment, going forward. 5. Your Excellency, I can report that under your leadership, the policies that we put into place in 2017 are yielding the right results.