6  BIS central bankers’ speeches  The role of business Now let’s shift back to the private sector. In particular, to the question of whether businesses can be competitive in the current marketplace and still provide a pathway out of poverty for their employees.
Today I would like to focus my remarks on the exit from the accommodative stance of monetary policy. I will not consider the phasing-out of the non-standard measures that central banks have adopted over the last few months. The discussions so far have centred mainly on the timing of the exit decision, which should neither be premature nor tardy.