Mr Ferguson reviews last year’s economic performance in the United States and raises some topics related to the underpinnings of macroeconomics and monetary policy  Remarks by Mr Roger W Ferguson Jr, Vice-Chairman of the Board of Governors of the US Federal Reserve System, before the Downtown Economists Club, New York, on 17 February 2000.
*  *  *  Thank you very much for giving me the opportunity to join this illustrious group of economists in this historic setting. The end of one year and start of another is a natural time to focus on accomplishments and also to list the things to do or to understand better.