Introduction I would like to thank George Washington University and Princeton University’s Griswold Center for Economic Policy Studies for organizing this event.
I also am delighted to be here with my fellow panelists, Frank Schorfheide of the University of Pennsylvania, who is a regular visiting scholar at the Philadelphia Fed, Neal Soss of Credit Suisse, and, of course, our moderator, Binyamin Appelbaum of the New York Times.