*  *  *  It is a pleasure for me to contribute to this Sveriges Riksbank conference entitled “Monetary Policy in an Era of Fiscal Stress”. The subject is indeed a very topical – and global – one.
Narayana Kocherlakota: Opening remarks Speech by Mr Narayana Kocherlakota, President of the Federal Reserve Bank of Minneapolis, at Carroll College, Helena, Montana, 4 September 2014. *  *  *  Thanks for the introduction, Tom. It’s a pleasure to be back in Helena – the site of the only branch office of the Federal Reserve Bank of Minneapolis.