For release on delivery 10:00 p.m. EDT (7:00 p.m. PDT) March 31, 2023  The Unstable Phillips Curve  Remarks by Christopher J. Waller Member Board of Governors of the Federal Reserve System at Macroeconomics and Monetary Policy, a conference sponsored by the Federal Reserve Bank of San Francisco  San Francisco, California  March 31, 2023  Thank you, Sylvain, and thank you to the Federal Reserve Bank of San Francisco for inviting me to speak tonight.
After listening to many dinner speakers through the years, I am well aware that after the entrees are served, no one wants to hear someone blabber for 45 minutes. So, I will try to keep this short to leave enough time for a robust discussion afterward, which I hope my remarks will generate.