I will describe the progress the economy has made toward the Federal Open Market Committee’s (FOMC) goals of maximum employment and stable prices and what the current situation and the outlook imply for how monetary policy is likely to evolve to best foster the attainment of those objectives. The economic outlook The U.S. economy has recovered substantially since the Great Recession.
Machine learning in risk models – brontobytes and Brontosauruses Speech delivered at the Bundesbank-BaFin FinTech Festival 19.05.2022 | Berlin | Joachim Wuermeling 1 Introduction 2 Data: quality, quality, quality 3 Supervisory approaches: a question of characteristics and explainability 4 Conclusion  1 Introduction Ms Roth, Ladies and gentlemen, The Brontosaurus, a long-necked 30-tonne herbivore, is one of the most well-known dinosaurs and surely familiar to many of you as well.