While the domestic economy was predicted to slow considerably, our forecasts still pointed to positive (albeit lower) growth for 2023 as a whole. We will be updating these projections in our next Quarterly Bulletin in early March.2 Domestic headline inflation continues to be high at 8.2 per cent in December, but moderating energy prices, particularly gas prices, points to an improving outlook.
Michelle W Bowman: My perspective on bank regulation and supervision Speech (via prerecorded video) by Ms Michelle W Bowman, Member of the Board of Governors of the Federal Reserve System, at the Conference for Community Bankers sponsored by the American Bankers Association, 16 February 2021. * * * Good morning.