"Gradual normalization" refers to a slow and steady process of returning something to its usual or normal state. It implies that changes or adjustments are being made gradually over time rather than all at once. Full definition
«The failure to deliver tax reform and the slower relative growth likely keep us on the path of gradual normalization in interest rate policy,» said the analysts, who see the S&P 500 falling to 2,550 from its Monday close of 2,572.83. (cnbc.com)
«A reasonable case can be made for continuing to pursue a gradual normalization of monetary policy,» he added in prepared remarks to the South Shore Chamber of Commerce in Quincy, Massachusetts. (cnbc.com)
We actually think the base case is that we're quite constructive on equities at the moment, but we do think that the risks of a gradual normalization remain around the balance sheet of the Fed. (businessinsider.com)