BIS central bankers’ speeches  3  expectation, we will need to consider all the available information and assess its implications for the economic outlook before coming to a judgment. In addition, the July announcement set a condition of requiring “some further improvement in the labor market.” From May through July, non-farm payroll employment gains have averaged 235,000 per month.
It goes without saying that we want this prudence to continue. But unlike the case in some other countries, the financial sector in the region is well placed to play its role in supporting the sustainable growth of economic activity and trade.