Normalization refers to the process of organizing or adjusting something to make it standard or acceptable according to established norms or rules. Full definition
And in the U.S., Fed chair Janet Yellen hiked rates by 25 points on Wednesday evening but signaled no pick - up in the pace of normalization of rates. (cnbc.com)
«Were the FOMC to delay the start of policy normalization for too long, we would likely end up having to tighten policy relatively abruptly to keep the economy from significantly overshooting both of our goals,» of price stability and full employment, Yellen said. (canadianbusiness.com)
So I do think they will signal that, but they are going to signal and say, you know, «The data [are] consistent with allowing us to begin the process of normalization in the near future» or something to that effect. (marketwatch.com)